Elastic NV
ESTC
$102.74
Share price
0.20%
Change (1 day)
75.96%
Change (1 year)
Categories
Elastic NV previously known as Elasticsearch is a company that builds self-managed and SaaS offerings for search, logging, security, and analytics use cases.
Operating Margin for Elastic NV (ESTC)
Operating Margin as of April 2024 (TTM): -17.93%
According to Elastic NV 's latest financial reports and stock price the company's current Operating Margin is -17.93%. At the end of 2023 the company had an Operating Margin of -20.29%.
Operating Margin history for Elastic NV from 2018 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | -20.29% | -11.54% |
| 2022 | -22.94% | 14.66% |
| 2021 | -20.00% | -49.43% |
| 2020 | -39.55% | 9.74% |
| 2019 | -36.04% | 16.81% |
| 2018 | -30.86% | -43.02% |
| 2017 | -54.16% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Anaplan
PLAN | -33.44% | 86.52% | 🇺🇸 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.