Global-e
GLBE
$33.61
Share price
4.38%
Change (1 day)
74.42%
Change (1 year)
Categories
Operating Margin for Global-e (GLBE)
Operating Margin as of May 2023 (TTM): -49.24%
According to Global-e's latest financial reports and stock price the company's current Operating Margin is -49.24%. At the end of 2021 the company had an Operating Margin of -30.26%.
Operating Margin history for Global-e from 2020 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -30.26% | -1113.05% |
| 2020 | 2.99% | -126.19% |
| 2019 | -11.40% | -61.82% |
| 2018 | -29.87% |
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.