Argo Blockchain
ARBK
$1.52
Share price
0.00%
Change (1 day)
5.56%
Change (1 year)
Categories
Operating Margin for Argo Blockchain (ARBK)
Operating Margin as of April 2024 (TTM): -39.04%
According to Argo Blockchain's latest financial reports and stock price the company's current Operating Margin is -39.04%. At the end of 2021 the company had an Operating Margin of 52.92%.
Operating Margin history for Argo Blockchain from 2022 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 52.92% | 595.56% |
| 2020 | 7.61% | -175.44% |
| 2019 | -10.09% |
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.