According to Hippo's latest financial reports and stock price the company's current Operating Margin is -33.94%. At the end of 2023 the company had an Operating Margin of -125.18%.
Year | Operating Margin | Change |
---|---|---|
2023 | -125.18% | -53.92% |
2022 | -271.68% | -32.52% |
2021 | -402.63% | 45.08% |
2020 | -277.52% |
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.