Cricut
CRCT
$7.46
Share price
3.98%
Change (1 day)
-10.07%
Change (1 year)
Categories
Operating Margin for Cricut (CRCT)
Operating Margin as of May 2024 (TTM): 7.18%
According to Cricut's latest financial reports and stock price the company's current Operating Margin is 7.18%. At the end of 2022 the company had an Operating Margin of 9.25%.
Operating Margin history for Cricut from 2020 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 9.25% | -37.19% |
| 2021 | 14.73% | -29.09% |
| 2020 | 20.77% | 101.04% |
| 2019 | 10.33% | -2.9% |
| 2018 | 10.64% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Office Depot ODP | 2.72% | -62.12% | 🇺🇸 USA |
 Cricut CRCT | 7.18% | 0.00% | 🇺🇸 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.