According to Westports's latest financial reports and stock price the company's current Operating Margin is 48.81%. At the end of 2022 the company had an Operating Margin of 45.62%.
Year | Operating Margin | Change |
---|---|---|
2022 | 45.62% | -11.26% |
2021 | 51.41% | 17.37% |
2020 | 43.80% | 0.92% |
2019 | 43.40% | -0.06% |
2018 | 43.43% | 34% |
2017 | 32.41% | -12.63% |
2016 | 37.09% | -4.05% |
2015 | 38.66% | 4.33% |
2014 | 37.05% | 22.74% |
2013 | 30.19% | -8.27% |
2012 | 32.91% | 9.68% |
2011 | 30.01% | -30.54% |
2010 | 43.20% |
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.