Hydrofarm
HYFM
#9519
Rank
โ‚ฌ23.81 M
Marketcap
0,52ย โ‚ฌ
Share price
-3.79%
Change (1 day)
-34.75%
Change (1 year)

Operating Margin for Hydrofarm (HYFM)

Operating Margin as of November 2024 (TTM): -33.57%

According to Hydrofarm's latest financial reports and stock price the company's current Operating Margin is -33.57%. At the end of 2023 the company had an Operating Margin of -28.70%.

Operating Margin history for Hydrofarm from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-28.70%-66.12%
2022-84.72%6999.46%
2021-1.19%-39.02%
2020-1.96%-88.72%
2019-17.34%2.21%
2018-16.97%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
14.89%-144.36%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.