According to HyreCar's latest financial reports and stock price the company's current Operating Margin is -51.11%. At the end of 2021 the company had an Operating Margin of -72.67%.
Year | Operating Margin | Change |
---|---|---|
2021 | -72.67% | 20.46% |
2020 | -60.32% | -23.6% |
2019 | -78.95% | -31.34% |
2018 | -114.99% | -13.2% |
2017 | -132.48% | -21.14% |
2016 | -167.99% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
![]() | -51.11% | 0.00% | ๐บ๐ธ USA |
![]() | -25.17% | -50.75% | ๐บ๐ธ USA |
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.