According to Zordix's latest financial reports and stock price the company's current Operating Margin is -2.45%. At the end of 2021 the company had an Operating Margin of 3.88%.
Year | Operating Margin | Change |
---|---|---|
2021 | 3.88% | -92.05% |
2020 | 48.87% | 436.66% |
2019 | 9.11% | -42.76% |
2018 | 15.91% | 4576.2% |
2017 | 0.34% |
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.