CarGurus
CARG
$23.78
Share price
-0.08%
Change (1 day)
22.58%
Change (1 year)
Operating Margin for CarGurus (CARG)
Operating Margin as of May 2024 (TTM): 6.58%
According to CarGurus's latest financial reports and stock price the company's current Operating Margin is 6.58%. At the end of 2022 the company had an Operating Margin of 6.73%.
Operating Margin history for CarGurus from 2017 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 6.73% | -57.14% |
| 2021 | 15.70% | -12.65% |
| 2020 | 17.97% | 173.46% |
| 2019 | 6.57% | 17.11% |
| 2018 | 5.61% | 12.29% |
| 2017 | 5.00% | 10.71% |
| 2016 | 4.51% | -275.23% |
| 2015 | -2.58% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Perion Network PERI | 18.85% | 186.47% | 🇮🇱 Israel |
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.