According to MP Materials's latest financial reports and stock price the company's current Operating Margin is 51.59%. At the end of 2022 the company had an Operating Margin of 64.67%.
Year | Operating Margin | Change |
---|---|---|
2022 | 64.67% | 34.01% |
2021 | 48.26% | -264.25% |
2020 | -29.38% | 219.34% |
2019 | -9.20% |
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.