Bit Digital
BTBT
$2.31
Share price
3.59%
Change (1 day)
16.67%
Change (1 year)
Categories
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 |
|---|---|---|
| 2021 | 9.08% | -0.65% |
| 2020 | 9.14% | -104.71% |
| 2019 | -193.99% | 282.76% |
| 2018 | -50.68% | 177.85% |
| 2017 | -18.24% | -407.59% |
| 2016 | 5.93% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 OneConnect OCFT | -21.68% | -82.06% | 🇨🇳 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.