Credo Technology
CRDO
$18.17
Share price
2.19%
Change (1 day)
135.36%
Change (1 year)
Categories
Operating Margin for Credo Technology (CRDO)
Operating Margin as of April 2024 (TTM): -10.22%
According to Credo Technology's latest financial reports and stock price the company's current Operating Margin is -10.22%. At the end of 2023 the company had an Operating Margin of -9.73%.
Operating Margin history for Credo Technology from 2021 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | -9.73% | -53.38% |
| 2022 | -20.86% | -51.59% |
| 2021 | -43.10% | -1207.43% |
| 2020 | 3.89% |
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.