Canaan
CAN
#5364
Rank
$0.55 B
Marketcap
$3.22
Share price
-3.59%
Change (1 day)
-31.78%
Change (1 year)

Operating Margin for Canaan (CAN)

Operating Margin as of February 2023 (TTM): 43.39%

According to Canaan's latest financial reports and stock price the company's current Operating Margin is 43.39%. At the end of 2021 the company had an Operating Margin of 41.12%.

Operating Margin history for Canaan from 2019 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
202141.12%-185.58%
2020-48.05%-33.93%
2019-72.72%-1082.43%
20187.40%-75.85%
201730.65%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
21.06%-51.46%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.