Erayak Power Solution
RAYA
#9760
Rank
โ‚น3.05 B
Marketcap
โ‚น108.93
Share price
-6.02%
Change (1 day)
77.89%
Change (1 year)

Operating Margin for Erayak Power Solution (RAYA)

Operating Margin at the end of 2023: 9.36%

According to Erayak Power Solution's latest financial reports and stock price the company's current Operating Margin is 9.36%. At the end of 2023 the company had an Operating Margin of 9.36%.

Operating Margin history for Erayak Power Solution from 2019 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20239.36%-42.92%
202216.40%-26.34%
202122.27%9.91%
202020.26%56.01%
201912.99%

What is a company's Operating Margin?

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.