Snap
SNAP
#1030
Rank
C$26.44 B
Marketcap
$15.56
Share price
-1.33%
Change (1 day)
-0.23%
Change (1 year)

Operating Margin for Snap (SNAP)

Operating Margin as of November 2024 (TTM): -18.03%

According to Snap's latest financial reports and stock price the company's current Operating Margin is -18.03%. At the end of 2023 the company had an Operating Margin of -28.10%.

Operating Margin history for Snap from 2016 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-28.10%-7.67%
2022-30.44%164.17%
2021-11.52%-68.82%
2020-36.95%-38.65%
2019-60.23%-43.27%
2018-106.18%-74.71%
2017-419.83%225.49%
2016-128.99%-80.11%
2015-648.59%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-33.44% 85.49%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.