Cerence
CRNC
$10.11
Share price
-0.39%
Change (1 day)
-62.04%
Change (1 year)
Categories
Operating Margin for Cerence (CRNC)
Operating Margin as of May 2024 (TTM): -69.05%
According to Cerence's latest financial reports and stock price the company's current Operating Margin is -69.05%. At the end of 2022 the company had an Operating Margin of -60.61%.
Operating Margin history for Cerence from 2019 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -60.61% | -586.21% |
| 2021 | 12.47% | -257.22% |
| 2020 | -7.93% | -315.06% |
| 2019 | 3.69% | -72.25% |
| 2018 | 13.29% | -48.56% |
| 2017 | 25.83% | 15.38% |
| 2016 | 22.38% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Anaplan
PLAN | -33.44% | -51.57% | 🇺🇸 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.