Bitfarms
BITF
$1.78
Share price
-0.56%
Change (1 day)
60.36%
Change (1 year)
Categories
Operating Margin for Bitfarms (BITF)
Operating Margin as of May 2024 (TTM): -3,059.67%
According to Bitfarms's latest financial reports and stock price the company's current Operating Margin is -3,059.67%. At the end of 2021 the company had an Operating Margin of 27.22%.
Operating Margin history for Bitfarms from 2019 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 27.22% | -194.58% |
| 2020 | -28.78% | -435.16% |
| 2019 | 8.59% | -116.13% |
| 2018 | -53.24% |
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.