Newegg
NEGG
#7225
Rank
ยฃ0.23 B
Marketcap
ยฃ0.61
Share price
-0.35%
Change (1 day)
-27.85%
Change (1 year)

Operating Margin for Newegg (NEGG)

Operating Margin as of September 2024 (TTM): -3.20%

According to Newegg's latest financial reports and stock price the company's current Operating Margin is -3.20%. At the end of 2022 the company had an Operating Margin of -2.52%.

Operating Margin history for Newegg from 2021 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2022-2.52%-296.44%
20211.28%-16.22%
20201.53%-289.29%
2019-0.81%

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.