Globalstar
GSAT
#3756
Rank
$2.39 B
Marketcap
$1.27
Share price
1.60%
Change (1 day)
28.28%
Change (1 year)

Operating Margin for Globalstar (GSAT)

Operating Margin as of April 2024 (TTM): -172.95%

According to Globalstar 's latest financial reports and stock price the company's current Operating Margin is -172.95%. At the end of 2022 the company had an Operating Margin of -172.95%.

Operating Margin history for Globalstar from 2005 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2022-172.95%90.37%
2021-90.85%7.11%
2020-84.82%-804%
201912.05%-345.28%
2018-4.91%-93.77%
2017-78.90%-45.1%
2016-143.70%-276.4%
201581.46%-115.88%
2014-512.95%-28.09%
2013-713.30%386.99%
2012-146.47%93.83%
2011-75.57%-47.11%
2010-142.88%22.55%
2009-116.58%48.56%
2008-78.48%208.12%
2007-25.47%-464.41%
20066.99%-58.12%
200516.69%-457.03%
2004-4.67%-98.94%
2003-442.30%-27.3%
2002-608.36%-93.23%
2001-8,987.88%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
15.09%-108.73%๐Ÿ‡บ๐Ÿ‡ธ USA
-8.44%-95.12%๐Ÿ‡บ๐Ÿ‡ธ USA
-7.62%-95.59%๐Ÿ‡บ๐Ÿ‡ธ USA
5.42%-103.13%๐Ÿ‡บ๐Ÿ‡ธ USA
7.78%-104.50%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.