Direct Digital Holdings
DRCT
#9106
Rank
HK$0.26 B
Marketcap
HK$18.40
Share price
-0.82%
Change (1 day)
3.20%
Change (1 year)

Operating Margin for Direct Digital Holdings (DRCT)

Operating Margin as of September 2024 (TTM): 6.10%

According to Direct Digital Holdings's latest financial reports and stock price the company's current Operating Margin is 6.10%. At the end of 2022 the company had an Operating Margin of 5.03%.

Operating Margin history for Direct Digital Holdings from 2021 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20225.03%-232.84%
2021-3.79%-47.29%
2020-7.18%-46.68%
2019-13.47%

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.