Bitfarms
BITF
#5637
Rank
$0.64 B
Marketcap
$1.92
Share price
1.59%
Change (1 day)
79.44%
Change (1 year)

Operating Margin for Bitfarms (BITF)

Operating Margin as of April 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
202127.22%-194.58%
2020-28.78%-435.16%
20198.59%-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.