According to Welcia Holdings's latest financial reports and stock price the company's current Operating Margin is 3.69%. At the end of 2023 the company had an Operating Margin of 3.95%.
Year | Operating Margin | Change |
---|---|---|
2023 | 3.95% | -5.56% |
2022 | 4.18% | -4.91% |
2021 | 4.40% | 5.05% |
2020 | 4.18% | 13.11% |
2019 | 3.70% | -4.84% |
2018 | 3.89% | 3.38% |
2017 | 3.76% | 18.72% |
2016 | 3.17% | |
2014 | 3.84% | 4.12% |
2013 | 3.69% | -9.19% |
2012 | 4.06% | 18.24% |
2011 | 3.43% | 15.36% |
2010 | 2.98% | 24.65% |
2009 | 2.39% |
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.