High Tide
HITI
Operating Margin for High Tide (HITI)
Operating Margin as of April 2024 (TTM): -17.13%
According to High Tide's latest financial reports and stock price the company's current Operating Margin is -17.13%. At the end of 2021 the company had an Operating Margin of -19.75%.
Operating Margin history for High Tide from 2018 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -19.75% | 168.45% |
| 2020 | -7.36% | -91.47% |
| 2019 | -86.28% | 25.23% |
| 2018 | -68.90% | -1326.43% |
| 2017 | 5.62% |
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.