SmartRent
SMRT
#7521
Rank
โ‚ฌ0.29 B
Marketcap
1,51ย โ‚ฌ
Share price
-0.63%
Change (1 day)
-49.29%
Change (1 year)

Operating Margin for SmartRent (SMRT)

Operating Margin as of December 2024 (TTM): -17.34%

According to SmartRent's latest financial reports and stock price the company's current Operating Margin is -17.34%. 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%-126.59%๐Ÿ‡บ๐Ÿ‡ธ USA
7.10%-140.95%๐Ÿ‡บ๐Ÿ‡ธ USA
4.55%-126.24%๐Ÿ‡บ๐Ÿ‡ธ USA
2.16%-112.46%๐Ÿ‡บ๐Ÿ‡ธ USA
10.63%-161.30%๐Ÿ‡บ๐Ÿ‡ธ USA
9.28%-153.52%๐Ÿ‡บ๐Ÿ‡ธ USA
21.94%-226.53%๐Ÿ‡บ๐Ÿ‡ธ USA
-116.73% 573.18%๐Ÿ‡บ๐Ÿ‡ธ USA
7.36%-142.45%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.