Cronos Group
CRON
#5683
Rank
ยฃ0.64 B
Marketcap
ยฃ1.70
Share price
-0.44%
Change (1 day)
-6.46%
Change (1 year)
Categories

Operating Margin for Cronos Group (CRON)

Operating Margin as of September 2024 (TTM): -91.59%

According to Cronos Group 's latest financial reports and stock price the company's current Operating Margin is -91.59%. At the end of 2023 the company had an Operating Margin of -91.60%.

Operating Margin history for Cronos Group from 2016 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-91.60%-23.88%
2022-120.34%-53.07%
2021-256.39%63.89%
2020-156.44%-103.18%
20194,914.45%-2966.05%
2018-171.47%-11.84%
2017-194.50%-29.39%
2016-275.45%
2013-316.69%

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.