360 DigiTech
QFIN
$18.73
Share price
1.19%
Change (1 day)
10.37%
Change (1 year)
Categories
Operating Margin for 360 DigiTech (QFIN)
Operating Margin as of April 2024 (TTM): 33.87%
According to 360 DigiTech's latest financial reports and stock price the company's current Operating Margin is 33.87%. At the end of 2022 the company had an Operating Margin of 34.00%.
Operating Margin history for 360 DigiTech from 2018 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 34.00% | -30.84% |
| 2021 | 49.17% | 40.45% |
| 2020 | 35.01% | -15.13% |
| 2019 | 41.25% | -7.21% |
| 2018 | 44.46% | -134.11% |
| 2017 | -130.34% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 360 DigiTech QFIN | 33.87% | 0.00% | 🇨🇳 China |
 Rocket Companies
RKT | -19.19% | -156.66% | 🇺🇸 USA |
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.