Blade Air Mobility
BLDE
#6752
Rank
$0.24 B
Marketcap
$3.19
Share price
0.00%
Change (1 day)
17.28%
Change (1 year)

Operating Margin for Blade Air Mobility (BLDE)

Operating Margin as of April 2024 (TTM): -36.63%

According to Blade Air Mobility's latest financial reports and stock price the company's current Operating Margin is -36.63%. At the end of 2021 the company had an Operating Margin of -86.48%.

Operating Margin history for Blade Air Mobility from 2021 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
2021-86.48%99.47%
2020-43.36%24.79%
2019-34.74%

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.