PetIQ
PETQ
#5642
Rank
C$1.24 B
Marketcap
$41.74
Share price
0.02%
Change (1 day)
42.00%
Change (1 year)

Operating Margin for PetIQ (PETQ)

Operating Margin as of October 2024 (TTM): 4.35%

According to PetIQ's latest financial reports and stock price the company's current Operating Margin is 4.35%. At the end of 2023 the company had an Operating Margin of 0.21%.

Operating Margin history for PetIQ from 2016 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20230.21%-104.17%
2022-5.14%283.35%
2021-1.34%-58.65%
2020-3.25%30.73%
2019-2.48%2186.13%
2018-0.11%-102.46%
20174.42%-360.58%
2016-1.70%158.61%
2015-0.66%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-8,391.15%-193,000.00%๐Ÿ‡บ๐Ÿ‡ธ USA
-34.14%-884.83%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.