According to Warby Parker's latest financial reports and stock price the company's current Operating Margin is -5.69%. At the end of 2023 the company had an Operating Margin of -9.37%.
Year | Operating Margin | Change |
---|---|---|
2023 | -9.37% | -49% |
2022 | -18.37% | -31% |
2021 | -26.63% | 88.13% |
2020 | -14.15% | -19099% |
2019 | 0.07% |
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.