Procaps Group
PROC
#9123
Rank
$64.47 M
Marketcap
$0.57
Share price
8.03%
Change (1 day)
-77.23%
Change (1 year)

Operating Margin for Procaps Group (PROC)

Operating Margin as of November 2024 (TTM): 31.14%

According to Procaps Group's latest financial reports and stock price the company's current Operating Margin is 31.14%. At the end of 2022 the company had an Operating Margin of 12.86%.

Operating Margin history for Procaps Group from 2020 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202212.86%-160.45%
2021-21.27%-8404.8%
20200.26%-108.34%
2019-3.07%

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.