According to Blade Air Mobility's latest financial reports and stock price the company's current Operating Margin is -25.30%. At the end of 2023 the company had an Operating Margin of -25.55%.
Year | Operating Margin | Change |
---|---|---|
2023 | -25.55% | 33.2% |
2022 | -19.18% | -77.82% |
2021 | -86.48% | 99.47% |
2020 | -43.36% | 24.79% |
2019 | -34.74% |
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.