According to GEN Restaurant Group's latest financial reports and stock price the company's current Operating Margin is 22.40%. At the end of 2022 the company had an Operating Margin of 7.17%.
Year | Operating Margin | Change |
---|---|---|
2022 | 7.17% | -78.22% |
2021 | 32.90% | 3814.76% |
2020 | 0.84% | -86.53% |
2019 | 6.24% |
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.