Bit Digital
BTBT
#6466
Rank
$0.44 B
Marketcap
$3.64
Share price
3.12%
Change (1 day)
-8.77%
Change (1 year)

Operating Margin for Bit Digital (BTBT)

Operating Margin as of July 2024 (TTM): -21.37%

According to Bit Digital 's latest financial reports and stock price the company's current Operating Margin is -21.37%. At the end of 2023 the company had an Operating Margin of -30.31%.

Operating Margin history for Bit Digital from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-30.31%-90.76%
2022-327.87%-11166.96%
20212.96%-59.88%
20207.38%
2017-18.24%-407.59%
20165.93%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-8.37%-60.83%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.