AvidXchange
AVDX
#4537
Rank
C$2.41 B
Marketcap
$11.63
Share price
0.84%
Change (1 day)
9.09%
Change (1 year)

Operating Margin for AvidXchange (AVDX)

Operating Margin as of November 2024 (TTM): 0.38%

According to AvidXchange's latest financial reports and stock price the company's current Operating Margin is 0.38%. At the end of 2023 the company had an Operating Margin of -12.12%.

Operating Margin history for AvidXchange from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-12.12%-62.04%
2022-31.91%-61.2%
2021-82.25%51.39%
2020-54.33%-13.07%
2019-62.50%

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.