According to Torrid's latest financial reports and stock price the company's current Operating Margin is 8.06%. At the end of 2022 the company had an Operating Margin of 1.24%.
Year | Operating Margin | Change |
---|---|---|
2022 | 1.24% | -66.08% |
2021 | 3.65% | -37.66% |
2020 | 5.85% | -48.21% |
2019 | 11.30% |
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.