Canaan
CAN
#6732
Rank
โ‚ฌ0.45 B
Marketcap
1,57ย โ‚ฌ
Share price
11.49%
Change (1 day)
1.84%
Change (1 year)

Operating Margin for Canaan (CAN)

Operating Margin as of November 2024 (TTM): 15.57%

According to Canaan's latest financial reports and stock price the company's current Operating Margin is 15.57%. At the end of 2022 the company had an Operating Margin of 13.94%.

Operating Margin history for Canaan from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202213.94%-66.1%
202141.12%-185.58%
2020-48.05%-33.93%
2019-72.72%-1082.43%
20187.40%-75.85%
201730.65%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
63.72% 309.25%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.