HEXO
HEXO
#9450
Rank
A$46.75 M
Marketcap
$1.06
Share price
2.45%
Change (1 day)
-77.10%
Change (1 year)
Categories

Operating Margin for HEXO (HEXO)

Operating Margin as of October 2024 (TTM): -204.10%

According to HEXO's latest financial reports and stock price the company's current Operating Margin is -204.10%. At the end of 2022 the company had an Operating Margin of -582.11%.

Operating Margin history for HEXO from 2017 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2022-582.11%525.63%
2021-93.04%-86.4%
2020-683.94%280.72%
2019-179.64%-62.04%
2018-473.25%56.14%
2017-303.10%

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.