Zip Co
ZIP.AX
#4041
Rank
C$3.15 B
Marketcap
$2.41
Share price
2.69%
Change (1 day)
900.71%
Change (1 year)

Operating Margin for Zip Co (ZIP.AX)

Operating Margin at the end of 2023: -14.19%

According to Zip Co's latest financial reports and stock price the company's current Operating Margin is -14.18%. At the end of 2023 the company had an Operating Margin of -14.19%.

Operating Margin history for Zip Co from 2016 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2023-14.19%-91.17%
2022-160.62%-2.6%
2021-164.91%-1510.51%
202011.69%-26.93%
201916.00%-179.05%
2018-20.24%-63.86%
2017-56.00%-57.19%
2016-130.82%

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.