According to Urban-gro 's latest financial reports and stock price the company's current Operating Margin is -23.30%. At the end of 2021 the company had an Operating Margin of -1.41%.
Year | Operating Margin | Change |
---|---|---|
2021 | -1.41% | -92.82% |
2020 | -19.64% | -43.12% |
2019 | -34.52% | 77.67% |
2018 | -19.43% |
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.