DigitalOcean
DOCN
#3246
Rank
$3.46 B
Marketcap
$38.18
Share price
-2.30%
Change (1 day)
9.56%
Change (1 year)

Operating Margin for DigitalOcean (DOCN)

Operating Margin as of March 2024 (TTM): -3.93%

According to DigitalOcean's latest financial reports and stock price the company's current Operating Margin is -3.93%. At the end of 2022 the company had an Operating Margin of -4.23%.

Operating Margin history for DigitalOcean from 2020 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2022-4.23%-0.28%
2021-4.25%-68.3%
2020-13.40%-13.78%
2019-15.54%-9.24%
2018-17.12%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-11.98% 204.79%๐Ÿ‡บ๐Ÿ‡ธ USA
0.00%N/A๐Ÿ‡บ๐Ÿ‡ธ 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.