DocGo
DCGO
#6979
Rank
C$0.49 B
Marketcap
$4.88
Share price
1.98%
Change (1 day)
-31.01%
Change (1 year)

Operating Margin for DocGo (DCGO)

Operating Margin as of September 2024 (TTM): 6.27%

According to DocGo's latest financial reports and stock price the company's current Operating Margin is 6.27%. At the end of 2023 the company had an Operating Margin of 2.61%.

Operating Margin history for DocGo from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20232.61%-49.53%
20225.17%-16.73%
20216.21%-139.94%
2020-15.55%-64.56%
2019-43.87%

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.