EVgo
EVGO
#5073
Rank
C$1.72 B
Marketcap
$5.70
Share price
-3.00%
Change (1 day)
11.29%
Change (1 year)

Operating Margin for EVgo (EVGO)

Operating Margin as of September 2024 (TTM): -59.25%

According to EVgo's latest financial reports and stock price the company's current Operating Margin is -59.25%. At the end of 2023 the company had an Operating Margin of -84.14%.

Operating Margin history for EVgo from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-84.14%-56.76%
2022-194.59%-25.17%
2021-260.03%-29%
2020-366.23%159.27%
2019-141.26%

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.