Grom Social Enterprises
GROM
$0.59
Share price
-4.35%
Change (1 day)
-1.17%
Change (1 year)
Categories
Operating Margin for Grom Social Enterprises (GROM)
Operating Margin as of April 2024 (TTM): -300.75%
According to Grom Social Enterprises's latest financial reports and stock price the company's current Operating Margin is -300.75%. At the end of 2021 the company had an Operating Margin of -161.99%.
Operating Margin history for Grom Social Enterprises from 2015 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -161.99% | 67.2% |
| 2020 | -96.88% | 76.44% |
| 2019 | -54.91% | -2.38% |
| 2018 | -56.25% | -28.02% |
| 2017 | -78.15% | -11.84% |
| 2016 | -88.65% | -84.73% |
| 2015 | -580.41% |
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.