According to GrowGeneration 's latest financial reports and stock price the company's current Operating Margin is -59.90%. At the end of 2021 the company had an Operating Margin of 3.61%.
Year | Operating Margin | Change |
---|---|---|
2021 | 3.61% | -18.66% |
2020 | 4.44% | 55.39% |
2019 | 2.86% | -120.43% |
2018 | -14.00% | -20.42% |
2017 | -17.59% | 229.61% |
2016 | -5.34% | -64.93% |
2015 | -15.22% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
GrowGeneration
GRWG | -59.90% | 0.00% | ๐บ๐ธ USA |
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.