According to Workman's latest financial reports and stock price the company's current Operating Margin is 17.81%. At the end of 2024 the company had an Operating Margin of 17.84%.
Year | Operating Margin | Change |
---|---|---|
2024 | 17.84% | -7.3% |
2023 | 19.25% | -18.2% |
2022 | 23.53% | -2% |
2021 | 24.01% | 10% |
2020 | 21.83% | -1.11% |
2019 | 22.08% | 4.44% |
2018 | 21.14% | 2.87% |
2017 | 20.55% | 1.81% |
2016 | 20.18% | 2.71% |
2015 | 19.65% | -0.57% |
2014 | 19.76% | 5.72% |
2013 | 18.69% | 5.01% |
2012 | 17.80% | 35.46% |
2011 | 13.14% | 0.6% |
2010 | 13.06% | -4.86% |
2009 | 13.73% | -9.92% |
2008 | 15.24% | 1.63% |
2007 | 15.00% | 9.46% |
2006 | 13.70% | 15.95% |
2005 | 11.82% |
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.