Cresco Labs
CRLBF
Operating Margin for Cresco Labs (CRLBF)
Operating Margin as of April 2024 (TTM): -7.98%
According to Cresco Labs's latest financial reports and stock price the company's current Operating Margin is -7.98%. At the end of 2021 the company had an Operating Margin of -31.24%.
Operating Margin history for Cresco Labs from 2019 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -31.24% | -2178.8% |
| 2020 | 1.50% | -103.8% |
| 2019 | -39.55% | -329.12% |
| 2018 | 17.26% |
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.