Grove Collaborative
GROV
#9380
Rank
C$78.02 M
Marketcap
$1.98
Share price
0.73%
Change (1 day)
-23.06%
Change (1 year)

Operating Margin for Grove Collaborative (GROV)

Operating Margin as of December 2024 (TTM): -11.33%

According to Grove Collaborative's latest financial reports and stock price the company's current Operating Margin is -11.33%. At the end of 2022 the company had an Operating Margin of -27.26%.

Operating Margin history for Grove Collaborative from 2022 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-27.26%-22.99%
2021-35.41%78.58%
2020-19.83%-71.38%
2019-69.26%

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.