Newegg
NEGG
#5033
Rank
C$2.28 B
Marketcap
C$108.77
Share price
2.42%
Change (1 day)
590.09%
Change (1 year)

Operating Margin for Newegg (NEGG)

Operating Margin at the end of 2024: -3.61%

According to Newegg's latest financial reports and stock price the company's current Operating Margin is -3.61%. At the end of 2024 the company had an Operating Margin of -3.61%.

Operating Margin history for Newegg from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2024-3.61%-12.37%
2023-4.12%63.57%
2022-2.52%-296.44%
20211.28%-16.22%
20201.53%-289.29%
2019-0.81%

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.