According to X-Legend Entertainment's latest financial reports and stock price the company's current Operating Margin is 3.26%. At the end of 2021 the company had an Operating Margin of 4.92%.
Year | Operating Margin | Change |
---|---|---|
2021 | 4.92% | -71.09% |
2020 | 17.02% | 1.66% |
2019 | 16.74% | -170.21% |
2018 | -23.84% | -19.08% |
2017 | -29.46% | 214.63% |
2016 | -9.36% | -216.03% |
2015 | 8.07% | -75.14% |
2014 | 32.47% | 6.23% |
2013 | 30.56% | -22.36% |
2012 | 39.37% | -6.65% |
2011 | 42.17% | 55.39% |
2010 | 27.14% | -1574.62% |
2009 | -1.84% |
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.