DigitalOcean
DOCN
#3186
Rank
$3.14 B
Marketcap
$32.68
Share price
-5.78%
Change (1 day)
-42.79%
Change (1 year)

Operating Margin for DigitalOcean (DOCN)

Operating Margin as of February 2023 (TTM): -4.27%

According to DigitalOcean's latest financial reports and stock price the company's current Operating Margin is -4.27%. At the end of 2021 the company had an Operating Margin of -4.25%.

Operating Margin history for DigitalOcean from 2020 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
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%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.