Hour Loop
HOUR
#8940
Rank
โ‚ฌ44.38 M
Marketcap
1,26ย โ‚ฌ
Share price
1.45%
Change (1 day)
-11.93%
Change (1 year)

Operating Margin for Hour Loop (HOUR)

Operating Margin as of September 2024 (TTM): 1.28%

According to Hour Loop's latest financial reports and stock price the company's current Operating Margin is 1.28%. At the end of 2022 the company had an Operating Margin of -2.02%.

Operating Margin history for Hour Loop from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-2.02%-123.12%
20218.75%-11.6%
20209.90%-719.17%
2019-1.60%

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.