Greenlane
GNLN
#9558
Rank
C$5.36 M
Marketcap
$7.16
Share price
-10.66%
Change (1 day)
-35.32%
Change (1 year)
Categories

Operating Margin for Greenlane (GNLN)

Operating Margin as of September 2024 (TTM): -51.56%

According to Greenlane's latest financial reports and stock price the company's current Operating Margin is -51.56%. At the end of 2022 the company had an Operating Margin of -132.94%.

Operating Margin history for Greenlane from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-132.94%313.3%
2021-32.16%-6.37%
2020-34.35%119.99%
2019-15.62%401.72%
2018-3.11%-211.03%
20172.80%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-51.56% 0.00%๐Ÿ‡บ๐Ÿ‡ธ USA

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.