SunCar Technology Group
SDA
#5433
Rank
โ‚ฌ1.03 B
Marketcap
9,96ย โ‚ฌ
Share price
9.10%
Change (1 day)
39.75%
Change (1 year)

Operating Margin for SunCar Technology Group (SDA)

Operating Margin at the end of 2023: -2.91%

According to SunCar Technology Group's latest financial reports and stock price the company's current Operating Margin is -2.90%. At the end of 2023 the company had an Operating Margin of -2.91%.

Operating Margin history for SunCar Technology Group from 2020 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2023-2.91%17.01%
2022-2.48%-145.6%
20215.45%24.25%
20204.38%

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.