Glass House Brands
GLASF
#6037
Rank
HK$5.41 B
Marketcap
HK$73.12
Share price
0.86%
Change (1 day)
114.39%
Change (1 year)
Categories

Operating Margin for Glass House Brands (GLASF)

Operating Margin as of September 2024 (TTM): -25.57%

According to Glass House Brands's latest financial reports and stock price the company's current Operating Margin is -25.57%. At the end of 2022 the company had an Operating Margin of -25.58%.

Operating Margin history for Glass House Brands from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-25.58%-53.66%
2021-55.19%230.4%
2020-16.71%

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.