BIT Mining (500.com)
BTCM
#9461
Rank
A$47.29 M
Marketcap
$4.10
Share price
-0.37%
Change (1 day)
-13.94%
Change (1 year)

Operating Margin for BIT Mining (500.com) (BTCM)

Operating Margin as of November 2024 (TTM): -24.33%

According to BIT Mining (500.com)'s latest financial reports and stock price the company's current Operating Margin is -24.33%. At the end of 2022 the company had an Operating Margin of -24.33%.

Operating Margin history for BIT Mining (500.com) from 2012 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2022-24.33%397.15%
2021-4.89%-99.55%
2020-1,077.71%-26.75%
2019-1,471.28%438.52%
2018-273.21%-42.01%
2017-471.11%-93.08%
2016-6,811.26%2320.81%
2015-281.36%-1086.21%
201428.53%110.55%
201313.55%4.49%
201212.97%-28.36%
201118.10%-65.11%
201051.88%

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.