According to Asset World Corp's latest financial reports and stock price the company's current Operating Margin is 60.22%. At the end of 2022 the company had an Operating Margin of 50.85%.
Year | Operating Margin | Change |
---|---|---|
2022 | 50.85% | 89.79% |
2021 | 26.79% | -170% |
2020 | -38.28% | -430.16% |
2019 | 11.59% | 106.27% |
2018 | 5.62% | -55.79% |
2017 | 12.71% |
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.