BIT Mining (500.com)
BTCM
#7873
Rank
$31.78 M
Marketcap
$2.86
Share price
-1.72%
Change (1 day)
2.88%
Change (1 year)

Operating Margin for BIT Mining (500.com) (BTCM)

Operating Margin as of April 2024 (TTM): -4.75%

According to BIT Mining (500.com)'s latest financial reports and stock price the company's current Operating Margin is -4.75%. At the end of 2021 the company had an Operating Margin of -4.75%.

Operating Margin history for BIT Mining (500.com) from 2012 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
2021-4.75%-99.46%
2020-874.59%4.79%
2019-834.61%205.48%
2018-273.21%9.22%
2017-250.15%-86.74%
2016-1,886.85%570.61%
2015-281.36%-1086.21%
201428.53%110.55%
201313.55%-15.53%
201216.04%-11.38%
201118.10%-65.11%
201051.88%

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.