According to Electra Meccanica's latest financial reports and stock price the company's current Operating Margin is -1,967.18%. At the end of 2021 the company had an Operating Margin of -1,967.18%.
Year | Operating Margin | Change |
---|---|---|
2021 | -1,967.18% | -82.27% |
2020 | -11,095.36% | 179.05% |
2019 | -3,976.06% | 207.83% |
2018 | -1,291.62% | -87.59% |
2017 | -10,411.34% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
Nikola NKLA | -1,502.34% | -23.63% | ๐บ๐ธ USA |
NIO NIO | -34.68% | -98.24% | ๐จ๐ณ China |
The Shyft Group SHYF | 8.51% | -100.43% | ๐บ๐ธ USA |
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.