According to Thunderful Group's latest financial reports and stock price the company's current Operating Margin is 5.61%. At the end of 2021 the company had an Operating Margin of 5.38%.
Year | Operating Margin | Change |
---|---|---|
2021 | 5.38% | -3.87% |
2020 | 5.59% | -44.47% |
2019 | 10.07% | 22.33% |
2018 | 8.23% | -4.96% |
2017 | 8.66% |
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.