Operating margin doesn't include interest or taxes; it is an incomplete ratio (but any single ratio will be incomplete) when comparing companies across industri

Operating margin doesn't include interest or taxes; it is an incomplete ratio (but any single ratio will be incomplete) when comparing companies across industries with different capital expense levels, debt levels, and tax exposures. This article compares the gross profit vs. net profit differences by industry. https://www.venasolutions.com/blog/average-profit-margin-by-industry https://www.venasolutions.com/blog/average-profit-margin-by-...