Canoo
GOEV
$2.96
Share price
19.31%
Change (1 day)
294.52%
Change (1 year)
Categories
Operating Margin for Canoo (GOEV)
Operating Margin at the end of 2020: -3,522.20%
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%.
Operating Margin history for Canoo from 2020 to 2020
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2020 | -3,522.20% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Nikola NKLA | -1,502.34% | -57.35% | 🇺🇸 USA |
 NIO NIO | -34.68% | -99.02% | 🇨🇳 China |
 The Shyft Group SHYF | 8.51% | -100.24% | 🇺🇸 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.