According to Bit Digital 's latest financial reports and stock price the company's current Operating Margin is 19.71%. At the end of 2024 the company had an Operating Margin of 19.71%.
Year | Operating Margin | Change |
---|---|---|
2024 | 19.71% | -165.04% |
2023 | -30.31% | -90.76% |
2022 | -327.87% | -11166.96% |
2021 | 2.96% | -59.88% |
2020 | 7.38% | |
2017 | -18.24% | -407.59% |
2016 | 5.93% |
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.