CarLotz
LOTZ
#8030
Rank
$17.71 M
Marketcap
$0.15
Share price
0.00%
Change (1 day)
-84.26%
Change (1 year)

Operating Margin for CarLotz (LOTZ)

Operating Margin as of March 2024 (TTM): -35.14%

According to CarLotz's latest financial reports and stock price the company's current Operating Margin is -35.14%. At the end of 2021 the company had an Operating Margin of -15.42%.

Operating Margin history for CarLotz from 2020 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
2021-15.42%179.63%
2020-5.51%-55.38%
2019-12.36%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-77.47% 120.46%๐Ÿ‡จ๐Ÿ‡ณ China
-35.14% 0.00%๐Ÿ‡บ๐Ÿ‡ธ 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.