CarGurus
CARG
#3592
Rank
C$4.18 B
Marketcap
$40.47
Share price
0.49%
Change (1 day)
69.96%
Change (1 year)

Operating Margin for CarGurus (CARG)

Operating Margin as of September 2024 (TTM): 6.95%

According to CarGurus's latest financial reports and stock price the company's current Operating Margin is 6.95%. At the end of 2023 the company had an Operating Margin of 5.65%.

Operating Margin history for CarGurus from 2017 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20235.65%-15.98%
20226.73%-57.14%
202115.70%-12.65%
202017.97%173.46%
20196.57%17.11%
20185.61%12.29%
20175.00%10.71%
20164.51%-275.23%
2015-2.58%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
13.33% 91.80%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel

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.