According to Hut 8 Mining's latest financial reports and stock price the company's current Operating Margin is 25.75%. At the end of 2024 the company had an Operating Margin of 71.71%.
Year | Operating Margin | Change |
---|---|---|
2024 | 71.71% | -260.01% |
2023 | -44.82% | 79.1% |
2022 | -25.02% |
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.