Canaan
CAN
$0.91
Share price
-1.74%
Change (1 day)
-63.45%
Change (1 year)
Categories
Operating Margin for Canaan (CAN)
Operating Margin as of April 2024 (TTM): 14.10%
According to Canaan's latest financial reports and stock price the company's current Operating Margin is 14.10%. 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 |
|---|---|---|
| 2021 | 41.12% | -185.58% |
| 2020 | -48.05% | -33.93% |
| 2019 | -72.72% | -1082.43% |
| 2018 | 7.40% | -75.85% |
| 2017 | 30.65% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 NVIDIA NVDA | 18.73% | 32.84% | 🇺🇸 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.