Primech Holdings
PMEC
#9677
Rank
$25.92 M
Marketcap
$0.68
Share price
-5.80%
Change (1 day)
-56.68%
Change (1 year)

Operating Margin for Primech Holdings (PMEC)

Operating Margin at the end of 2023: -2.66%

According to Primech Holdings's latest financial reports and stock price the company's current Operating Margin is -2.65%. At the end of 2023 the company had an Operating Margin of -2.66%.

Operating Margin history for Primech Holdings from 2020 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2023-2.66%98.21%
2022-1.34%-111.14%
202112.03%686.93%
20201.53%

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.