Fresh Vine Wine
VINE
#8139
Rank
$9.72 M
Marketcap
$0.61
Share price
5.00%
Change (1 day)
19.41%
Change (1 year)

Operating Margin for Fresh Vine Wine (VINE)

Operating Margin as of April 2024 (TTM): -532.65%

According to Fresh Vine Wine's latest financial reports and stock price the company's current Operating Margin is -532.65%. At the end of 2021 the company had an Operating Margin of -586.14%.

Operating Margin history for Fresh Vine Wine from 2021 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
2021-586.14%-1.45%
2020-594.74%

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.