Bit Digital
BTBT
#6841
Rank
$0.22 B
Marketcap
$1.88
Share price
-8.74%
Change (1 day)
-7.39%
Change (1 year)

Operating Margin for Bit Digital (BTBT)

Operating Margin as of April 2024 (TTM): -120.82%

According to Bit Digital 's latest financial reports and stock price the company's current Operating Margin is -120.82%. At the end of 2021 the company had an Operating Margin of 9.08%.

Operating Margin history for Bit Digital from 2020 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
20219.08%-0.65%
20209.14%-104.71%
2019-193.99%282.76%
2018-50.68%177.85%
2017-18.24%-407.59%
20165.93%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-21.68%-82.06%๐Ÿ‡จ๐Ÿ‡ณ China

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.