According to Warrantee Inc.'s latest financial reports and stock price the company's current Operating Margin is 18.46%. At the end of 2023 the company had an Operating Margin of 18.46%.
Year | Operating Margin | Change |
---|---|---|
2023 | 18.46% | -144.09% |
2022 | -41.87% | 296.74% |
2021 | -10.55% | -86.32% |
2020 | -77.13% |
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.