Spruce Power
SPRU
#9068
Rank
โ‚ฌ47.05 M
Marketcap
2,54ย โ‚ฌ
Share price
-1.06%
Change (1 day)
-49.82%
Change (1 year)

Operating Margin for Spruce Power (SPRU)

Operating Margin as of October 2024 (TTM): -17.68%

According to Spruce Power's latest financial reports and stock price the company's current Operating Margin is -17.68%. At the end of 2022 the company had an Operating Margin of -227.12%.

Operating Margin history for Spruce Power from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-227.12%
2020-297.99%44.29%
2019-206.53%

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.