GigaCloud Technology
GCT
$37.35
Share price
-5.97%
Change (1 day)
612.79%
Change (1 year)
Categories
Operating Margin for GigaCloud Technology (GCT)
Operating Margin as of May 2024 (TTM): 6.35%
According to GigaCloud Technology's latest financial reports and stock price the company's current Operating Margin is 6.35%. At the end of 2021 the company had an Operating Margin of 9.11%.
Operating Margin history for GigaCloud Technology from 2021 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 9.11% | -44.58% |
| 2020 | 16.44% | 318.56% |
| 2019 | 3.93% |
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.