Core Scientific
CORZ
#4400
Rank
$1.81 B
Marketcap
$10.21
Share price
8.50%
Change (1 day)
N/A
Change (1 year)

Operating Margin for Core Scientific (CORZ)

Operating Margin as of July 2024 (TTM): 15.07%

According to Core Scientific's latest financial reports and stock price the company's current Operating Margin is 15.07%. At the end of 2023 the company had an Operating Margin of -48.93%.

Operating Margin history for Core Scientific from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-48.93%-85.52%
2022-337.87%-3016.58%
202111.58%-157.25%
2020-20.24%1.03%
2019-20.03%

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.