HEXO
HEXO
Operating Margin for HEXO (HEXO)
Operating Margin as of April 2024 (TTM): -204.10%
According to HEXO's latest financial reports and stock price the company's current Operating Margin is -204.10%. At the end of 2022 the company had an Operating Margin of -582.11%.
Operating Margin history for HEXO from 2017 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -582.11% | 525.63% |
| 2021 | -93.04% | -86.4% |
| 2020 | -683.94% | 280.72% |
| 2019 | -179.64% | -62.04% |
| 2018 | -473.25% | 56.14% |
| 2017 | -303.10% |
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.