According to Modern Mills for Food Products 's latest financial reports and stock price the company's current Operating Margin is 21.18%. At the end of 2024 the company had an Operating Margin of 25.76%.
Year | Operating Margin | Change |
---|---|---|
2024 | 25.76% | -5.9% |
2023 | 27.38% | -1.15% |
2022 | 27.70% |
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.