SelectQuote
SLQT
#6957
Rank
C$0.56 B
Marketcap
$3.31
Share price
5.31%
Change (1 day)
84.60%
Change (1 year)

Operating Margin for SelectQuote (SLQT)

Operating Margin as of November 2024 (TTM): -2.19%

According to SelectQuote's latest financial reports and stock price the company's current Operating Margin is -2.19%. At the end of 2023 the company had an Operating Margin of -6.89%.

Operating Margin history for SelectQuote from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-6.89%-86.49%
2022-51.02%-400.27%
202116.99%-13.51%
202019.64%-29.93%
201928.04%57.8%
201817.77%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
23.04%-1,152.05%๐Ÿ‡บ๐Ÿ‡ธ USA
14.44%-759.36%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.19% 0.00%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.