LoveSac
LOVE
#7248
Rank
C$0.53 B
Marketcap
$34.38
Share price
2.18%
Change (1 day)
-2.33%
Change (1 year)

Operating Margin for LoveSac (LOVE)

Operating Margin as of December 2024 (TTM): 1.52%

According to LoveSac 's latest financial reports and stock price the company's current Operating Margin is 1.52%. At the end of 2023 the company had an Operating Margin of 5.66%.

Operating Margin history for LoveSac from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20235.66%-30.21%
20228.11%75.57%
20214.62%-171.09%
2020-6.50%61.14%
2019-4.03%-25.04%
2018-5.38%-39.05%
2017-8.82%-27.26%
2016-12.13%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-2.81%-284.87%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.