Bitfarms
BITF
#5178
Rank
$1.11 B
Marketcap
$2.69
Share price
4.26%
Change (1 day)
50.28%
Change (1 year)

Operating Margin for Bitfarms (BITF)

Operating Margin as of July 2024 (TTM): -67.99%

According to Bitfarms's latest financial reports and stock price the company's current Operating Margin is -67.99%. At the end of 2023 the company had an Operating Margin of -63.21%.

Operating Margin history for Bitfarms from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-63.21%-48.82%
2022-123.49%-554.46%
202127.17%-194.18%
2020-28.85%-436.01%
20198.59%-116.03%
2018-53.58%

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.