AvidXchange
AVDX
$12.12
Share price
0.50%
Change (1 day)
50.75%
Change (1 year)
Categories
Operating Margin for AvidXchange (AVDX)
Operating Margin as of May 2024 (TTM): -21.90%
According to AvidXchange's latest financial reports and stock price the company's current Operating Margin is -21.90%. At the end of 2022 the company had an Operating Margin of -31.91%.
Operating Margin history for AvidXchange from 2021 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -31.91% | -61.2% |
| 2021 | -82.25% | 51.39% |
| 2020 | -54.33% | -13.07% |
| 2019 | -62.50% |
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.