EVgo
EVGO
#5836
Rank
$0.57 B
Marketcap
$1.90
Share price
4.97%
Change (1 day)
-66.55%
Change (1 year)

Operating Margin for EVgo (EVGO)

Operating Margin as of May 2024 (TTM): -390.40%

According to EVgo's latest financial reports and stock price the company's current Operating Margin is -390.40%. At the end of 2021 the company had an Operating Margin of -260.03%.

Operating Margin history for EVgo from 2021 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
2021-260.03%-29%
2020-366.24%159.27%
2019-141.26%

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.