According to WiseTech Global 's latest financial reports and stock price the company's current Operating Margin is 39.91%. At the end of 2022 the company had an Operating Margin of 39.92%.
Year | Operating Margin | Change |
---|---|---|
2022 | 39.92% | 36.88% |
2021 | 29.16% | -31.12% |
2020 | 42.34% | 92.93% |
2019 | 21.95% | -14.91% |
2018 | 25.79% | -10.21% |
2017 | 28.72% | 755.44% |
2016 | 3.36% | -81.69% |
2015 | 18.34% | -24.64% |
2014 | 24.34% | 118.03% |
2013 | 11.16% |
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.