According to VIP Gloves's latest financial reports and stock price the company's current Operating Margin is -76.78%. At the end of 2022 the company had an Operating Margin of -76.79%.
Year | Operating Margin | Change |
---|---|---|
2022 | -76.79% | -516.6% |
2021 | 18.43% | -1003.01% |
2020 | -2.04% | -95.03% |
2019 | -41.03% | 101.14% |
2018 | -20.40% | -47.85% |
2017 | -39.12% | -1271.09% |
2016 | 3.34% | |
2009 | -534,745.45% | 22202.12% |
2008 | -2,397.73% | -91.9% |
2007 | -29,590.61% | -36924.86% |
2006 | 80.35% | -159.7% |
2005 | -134.59% | 95.16% |
2004 | -68.96% | 76.25% |
2003 | -39.13% | -852.07% |
2002 | 5.20% | -109.46% |
2001 | -54.98% |
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.