SmartRent
SMRT
#7012
Rank
โ‚ฌ0.32 B
Marketcap
1,60ย โ‚ฌ
Share price
1.72%
Change (1 day)
-39.41%
Change (1 year)

Operating Margin for SmartRent (SMRT)

Operating Margin as of September 2024 (TTM): -15.11%

According to SmartRent's latest financial reports and stock price the company's current Operating Margin is -15.11%. At the end of 2023 the company had an Operating Margin of -14.65%.

Operating Margin history for SmartRent from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-14.65%-75.83%
2022-60.61%-6.67%
2021-64.94%-7.7%
2020-70.35%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
4.61%-130.51%๐Ÿ‡บ๐Ÿ‡ธ USA
6.40%-142.36%๐Ÿ‡บ๐Ÿ‡ธ USA
4.55%-130.11%๐Ÿ‡บ๐Ÿ‡ธ USA
2.16%-114.30%๐Ÿ‡บ๐Ÿ‡ธ USA
10.63%-170.35%๐Ÿ‡บ๐Ÿ‡ธ USA
9.28%-161.42%๐Ÿ‡บ๐Ÿ‡ธ USA
21.94%-245.20%๐Ÿ‡บ๐Ÿ‡ธ USA
-116.73% 672.53%๐Ÿ‡บ๐Ÿ‡ธ USA
7.36%-148.71%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.