According to VAT Group's latest financial reports and stock price the company's current Operating Margin is 31.11%. At the end of 2022 the company had an Operating Margin of 31.12%.
Year | Operating Margin | Change |
---|---|---|
2022 | 31.12% | 8.8% |
2021 | 28.60% | 23.24% |
2020 | 23.21% | 33.69% |
2019 | 17.36% | -27.22% |
2018 | 23.85% | 22.61% |
2017 | 19.45% | 12.41% |
2016 | 17.30% | 245.89% |
2015 | 5.00% |
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.