According to Wiit S.p.A.'s latest financial reports and stock price the company's current Operating Margin is 8.52%. At the end of 2023 the company had an Operating Margin of 9.06%.
Year | Operating Margin | Change |
---|---|---|
2023 | 9.06% | -7.71% |
2022 | 9.82% | 853.66% |
2021 | 1.03% | -85.21% |
2020 | 6.96% | -52.97% |
2019 | 14.80% | -11.46% |
2018 | 16.72% | -18.59% |
2017 | 20.53% | 121.71% |
2016 | 9.26% | 52.13% |
2015 | 6.09% | -35.29% |
2014 | 9.41% |
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.