According to VRL Logistics's latest financial reports and stock price the company's current Operating Margin is 10.38%. At the end of 2022 the company had an Operating Margin of 8.82%.
Year | Operating Margin | Change |
---|---|---|
2022 | 8.82% | 142.61% |
2021 | 3.64% | -26.54% |
2020 | 4.95% | -26.01% |
2019 | 6.69% | -8.27% |
2018 | 7.29% | 24.91% |
2017 | 5.84% | -34.67% |
2016 | 8.94% | 8.34% |
2015 | 8.25% | 60.57% |
2014 | 5.14% |
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.