According to Vintage Wine Estates's latest financial reports and stock price the company's current Operating Margin is 3.60%. At the end of 2022 the company had an Operating Margin of 0.13%.
Year | Operating Margin | Change |
---|---|---|
2022 | 0.13% | -97.36% |
2021 | 4.92% | -147.51% |
2020 | -10.35% |
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.