According to Grove Collaborative's latest financial reports and stock price the company's current Operating Margin is -11.33%. At the end of 2022 the company had an Operating Margin of -27.26%.
Year | Operating Margin | Change |
---|---|---|
2022 | -27.26% | -22.99% |
2021 | -35.41% | 78.58% |
2020 | -19.83% | -71.38% |
2019 | -69.26% |
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.