GoHealth
GOCO
#7822
Rank
โ‚ฌ0.20 B
Marketcap
8,76ย โ‚ฌ
Share price
-1.49%
Change (1 day)
-34.45%
Change (1 year)

Operating Margin for GoHealth (GOCO)

Operating Margin as of October 2024 (TTM): -9.65%

According to GoHealth's latest financial reports and stock price the company's current Operating Margin is -9.65%. At the end of 2023 the company had an Operating Margin of -20.57%.

Operating Margin history for GoHealth from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-20.57%-65.41%
2022-59.46%18.26%
2021-50.28%354.07%
2020-11.07%
201812.45%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
22.91%-337.41%๐Ÿ‡บ๐Ÿ‡ธ USA
13.59%-240.83%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.19%-77.31%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.