Tigo Energy
TYGO
#8606
Rank
โ‚ฌ92.77 M
Marketcap
1,53ย โ‚ฌ
Share price
3.03%
Change (1 day)
-76.87%
Change (1 year)

Operating Margin for Tigo Energy (TYGO)

Operating Margin as of October 2024 (TTM): 28.61%

According to Tigo Energy's latest financial reports and stock price the company's current Operating Margin is 28.61%. At the end of 2023 the company had an Operating Margin of -0.58%.

Operating Margin history for Tigo Energy from 2023 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-0.58%-93.2%
2022-8.57%-19.83%
2021-10.68%

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.