According to Varta's latest financial reports and stock price the company's current Operating Margin is -36.09%. At the end of 2022 the company had an Operating Margin of -24.56%.
Year | Operating Margin | Change |
---|---|---|
2022 | -24.56% | -225.22% |
2021 | 19.61% | 28.11% |
2020 | 15.31% | -21.88% |
2019 | 19.60% | 45.93% |
2018 | 13.43% | 54.68% |
2017 | 8.68% | 53.77% |
2016 | 5.65% | |
2011 | -2,667.98% | -768.3% |
2010 | 399.22% | -201.8% |
2009 | -392.16% |
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.