Bit Digital
BTBT
#6432
Rank
โ‚ฌ0.52 B
Marketcap
3,58ย โ‚ฌ
Share price
-0.26%
Change (1 day)
76.92%
Change (1 year)

Operating Margin for Bit Digital (BTBT)

Operating Margin as of October 2024 (TTM): -16.11%

According to Bit Digital 's latest financial reports and stock price the company's current Operating Margin is -16.11%. At the end of 2023 the company had an Operating Margin of -30.31%.

Operating Margin history for Bit Digital from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-30.31%-90.76%
2022-327.87%-11166.96%
20212.96%-59.88%
20207.38%
2017-18.24%-407.59%
20165.93%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-7.44%-53.82%๐Ÿ‡จ๐Ÿ‡ณ China

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.