According to Tidewater Renewables's latest financial reports and stock price the company's current Operating Margin is 47.18%. At the end of 2020 the company had an Operating Margin of -285.16%.
Year | Operating Margin | Change |
---|---|---|
2020 | -285.16% | 243.69% |
2019 | -82.97% | -290.38% |
2018 | 43.58% |
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.