Synchronoss
SNCR
#8212
Rank
C$0.18 B
Marketcap
$17.24
Share price
7.99%
Change (1 day)
45.82%
Change (1 year)

Operating Margin for Synchronoss (SNCR)

Operating Margin as of September 2024 (TTM): -3.31%

According to Synchronoss's latest financial reports and stock price the company's current Operating Margin is -3.31%. At the end of 2022 the company had an Operating Margin of 2.53%.

Operating Margin history for Synchronoss from 2004 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20222.53%-128.9%
2021-8.75%-31.08%
2020-12.70%-60.88%
2019-32.47%-59.24%
2018-79.66%78.5%
2017-44.63%56.27%
2016-28.56%208.75%
2015-9.25%1448.93%
2014-0.60%-105.52%
201310.82%-32.19%
201215.95%89.48%
20118.42%39.54%
20106.03%-60.3%
200915.20%-17.33%
200818.38%-32.89%
200727.39%29.65%
200621.13%35.15%
200515.63%-1575.8%
2004-1.06%-101.06%
2003100.00%-226.82%
2002-78.85%39.47%
2001-56.54%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
7.89%-338.37%๐Ÿ‡บ๐Ÿ‡ธ USA
12.46%-476.44%๐Ÿ‡บ๐Ÿ‡ธ USA
14.62%-541.69%๐Ÿ‡บ๐Ÿ‡ธ USA
12.27%-470.69%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.