Direct Digital Holdings
DRCT
$6.12
Share price
-1.92%
Change (1 day)
112.50%
Change (1 year)
Categories
Operating Margin for Direct Digital Holdings (DRCT)
Operating Margin as of April 2024 (TTM): 7.27%
According to Direct Digital Holdings's latest financial reports and stock price the company's current Operating Margin is 7.27%. At the end of 2021 the company had an Operating Margin of -3.79%.
Operating Margin history for Direct Digital Holdings from 2021 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -3.79% | -47.29% |
| 2020 | -7.18% | -46.68% |
| 2019 | -13.47% |
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.