Opendoor
OPEN
#4748
Rank
ยฃ1.17 B
Marketcap
ยฃ1.67
Share price
-0.45%
Change (1 day)
-35.20%
Change (1 year)

Operating Margin for Opendoor (OPEN)

Operating Margin as of September 2024 (TTM): -8.74%

According to Opendoor's latest financial reports and stock price the company's current Operating Margin is -8.74%. At the end of 2023 the company had an Operating Margin of -0.91%.

Operating Margin history for Opendoor from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-0.91%-85.38%
2022-6.21%-3.91%
2021-6.46%-9.83%
2020-7.16%48.28%
2019-4.83%-50.43%
2018-9.74%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-8.74% 0.00%๐Ÿ‡บ๐Ÿ‡ธ USA

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.