Hempacco
HPCO
Operating Margin for Hempacco (HPCO)
Operating Margin as of April 2024 (TTM): -72.63%
According to Hempacco's latest financial reports and stock price the company's current Operating Margin is -72.63%. At the end of 2021 the company had an Operating Margin of -139.90%.
Operating Margin history for Hempacco from 2021 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -139.90% | -62.91% |
| 2020 | -377.19% |
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.