According to Witbe S.A.'s latest financial reports and stock price the company's current Operating Margin is 3.00%. At the end of 2022 the company had an Operating Margin of 3.01%.
Year | Operating Margin | Change |
---|---|---|
2022 | 3.01% | -72.8% |
2021 | 11.07% | -156.6% |
2020 | -19.55% | -667.24% |
2019 | 3.45% | -174.61% |
2018 | -4.62% | -81.73% |
2017 | -25.28% | -5625.47% |
2016 | 0.46% | -96.11% |
2015 | 11.77% | -16.46% |
2014 | 14.09% |
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.