Hour Loop
HOUR
#9133
Rank
C$89.54 M
Marketcap
$2.55
Share price
30.94%
Change (1 day)
25.63%
Change (1 year)

Operating Margin for Hour Loop (HOUR)

Operating Margin as of November 2024 (TTM): 1.28%

According to Hour Loop's latest financial reports and stock price the company's current Operating Margin is 1.28%. At the end of 2022 the company had an Operating Margin of -2.02%.

Operating Margin history for Hour Loop from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-2.02%-123.12%
20218.75%-11.6%
20209.90%-719.17%
2019-1.60%

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.