Cano Health
CANO
$0.27
Share price
-0.04%
Change (1 day)
-95.86%
Change (1 year)
Categories
Operating Margin for Cano Health (CANO)
Operating Margin as of September 2023 (TTM): -15.56%
According to Cano Health's latest financial reports and stock price the company's current Operating Margin is -15.56%. At the end of 2021 the company had an Operating Margin of -7.25%.
Operating Margin history for Cano Health from 2021 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -7.25% | -14.35% |
| 2020 | -8.47% | 54.7% |
| 2019 | -5.47% |
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.