Sidus Space
SIDU
#9396
Rank
C$15.08 M
Marketcap
$3.61
Share price
4.72%
Change (1 day)
-84.03%
Change (1 year)
Categories

Operating Margin for Sidus Space (SIDU)

Operating Margin as of September 2024 (TTM): -339.49%

According to Sidus Space's latest financial reports and stock price the company's current Operating Margin is -339.49%. At the end of 2022 the company had an Operating Margin of -176.05%.

Operating Margin history for Sidus Space from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-176.05%-33.8%
2021-265.92%211.47%
2020-85.38%23.87%
2019-68.93%

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.