Global-e
GLBE
$33.00
Share price
-2.05%
Change (1 day)
10.48%
Change (1 year)
Categories
Operating Margin for Global-e (GLBE)
Operating Margin as of April 2024 (TTM): -36.46%
According to Global-e's latest financial reports and stock price the company's current Operating Margin is -36.46%. At the end of 2022 the company had an Operating Margin of -49.24%.
Operating Margin history for Global-e from 2020 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -49.24% | 62.71% |
| 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.