Driven Brands
DRVN
#3869
Rank
$2.34 B
Marketcap
$14.30
Share price
-1.48%
Change (1 day)
-53.36%
Change (1 year)

Operating Margin for Driven Brands (DRVN)

Operating Margin as of April 2024 (TTM): 15.14%

According to Driven Brands's latest financial reports and stock price the company's current Operating Margin is 15.14%. At the end of 2022 the company had an Operating Margin of 3.36%.

Operating Margin history for Driven Brands from 2020 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20223.36%41.35%
20212.38%200.47%
20200.79%-62.24%
20192.10%4.65%
20182.00%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
5.68%-62.48%๐Ÿ‡บ๐Ÿ‡ธ USA
15.14% 0.00%๐Ÿ‡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.