According to Thorne HealthTech's latest financial reports and stock price the company's current Operating Margin is 3.35%. At the end of 2021 the company had an Operating Margin of 6.14%.
Year | Operating Margin | Change |
---|---|---|
2021 | 6.14% | -844.26% |
2020 | -0.82% | -94.76% |
2019 | -15.75% |
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.