Credo Technology
CRDO
#3517
Rank
$2.77 B
Marketcap
$17.01
Share price
-5.45%
Change (1 day)
88.37%
Change (1 year)

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%
20203.89%

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.