Globant
GLOB
#1887
Rank
โ‚ฌ7.73 B
Marketcap
179,40ย โ‚ฌ
Share price
0.91%
Change (1 day)
-4.56%
Change (1 year)

Operating Margin for Globant (GLOB)

Operating Margin as of September 2024 (TTM): 10.32%

According to Globant's latest financial reports and stock price the company's current Operating Margin is 10.32%. At the end of 2023 the company had an Operating Margin of 9.45%.

Operating Margin history for Globant from 2013 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20239.45%-12.8%
202210.83%12.56%
20219.63%2.41%
20209.40%-10.23%
201910.47%-18.94%
201812.92%38.55%
20179.32%-40.03%
201615.55%-21.16%
201519.72%15.09%
201417.13%37.13%
201312.49%-1201.71%
2012-1.13%-111.64%
20119.74%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-4.18%-140.50%๐Ÿ‡บ๐Ÿ‡ธ USA
-6.17%-159.76%๐Ÿ‡บ๐Ÿ‡ธ USA
30.61% 196.61%๐Ÿ‡บ๐Ÿ‡ธ USA
14.05% 36.14%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.