Clover Health Investments
CLOV
#4860
Rank
HK$11.28 B
Marketcap
HK$22.68
Share price
-3.96%
Change (1 day)
168.55%
Change (1 year)

Operating Margin for Clover Health Investments (CLOV)

Operating Margin as of September 2024 (TTM): -7.54%

According to Clover Health Investments's latest financial reports and stock price the company's current Operating Margin is -7.54%. At the end of 2023 the company had an Operating Margin of -10.49%.

Operating Margin history for Clover Health Investments from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-10.49%7.41%
2022-9.77%-75.54%
2021-39.93%96.99%
2020-20.27%-74.24%
2019-78.69%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-33.44% 343.55%๐Ÿ‡บ๐Ÿ‡ธ USA

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.