Despegar
DESP
$11.68
Share price
0.52%
Change (1 day)
97.30%
Change (1 year)
Categories
Operating Margin for Despegar (DESP)
Operating Margin as of April 2024 (TTM): -8.77%
According to Despegar's latest financial reports and stock price the company's current Operating Margin is -8.77%. At the end of 2021 the company had an Operating Margin of -32.86%.
Operating Margin history for Despegar from 2017 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -32.86% | -73.73% |
| 2020 | -125.11% | 2412.54% |
| 2019 | -4.98% | -200.75% |
| 2018 | 4.94% | -52.37% |
| 2017 | 10.38% | 50.55% |
| 2016 | 6.89% | -143.2% |
| 2015 | -15.95% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Yatra YTRA | -11.57% | 31.93% | 🇮🇳 India |
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.