According to Canoo's latest financial reports and stock price the company's current Operating Margin is -5,675.69%. At the end of 2023 the company had an Operating Margin of -34,088.15%.
Year | Operating Margin | Change |
---|---|---|
2023 | -34,088.15% | |
2020 | -3,399.37% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
![]() The Shyft Group SHYF | -0.28% | -100.00% | ๐บ๐ธ USA |
![]() Nikola NKLA | -838.98% | -85.22% | ๐บ๐ธ USA |
![]() NIO NIO | -35.27% | -99.38% | ๐จ๐ณ China |
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.