ACV Auctions
ACVA
$17.31
Share price
0.06%
Change (1 day)
47.95%
Change (1 year)
Categories
Operating Margin for ACV Auctions (ACVA)
Operating Margin as of April 2024 (TTM): -18.30%
According to ACV Auctions's latest financial reports and stock price the company's current Operating Margin is -18.30%. At the end of 2022 the company had an Operating Margin of -24.22%.
Operating Margin history for ACV Auctions from 2020 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -24.22% | 12.09% |
| 2021 | -21.61% | 11.09% |
| 2020 | -19.45% | -73.07% |
| 2019 | -72.24% |
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.