According to Canoo's latest financial reports and stock price the company's current Operating Margin is -3,522.19%. At the end of 2020 the company had an Operating Margin of -3,522.20%.
Year | Operating Margin | Change |
---|---|---|
2020 | -3,522.20% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
![]() Nikola NKLA | -1,502.34% | -57.35% | ๐บ๐ธ USA |
![]() NIO NIO | -28.95% | -99.18% | ๐จ๐ณ China |
![]() The Shyft Group SHYF | 8.51% | -100.24% | ๐บ๐ธ USA |
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.