Porch Group
PRCH
#8426
Rank
HK$1.04 B
Marketcap
HK$10.41
Share price
-3.94%
Change (1 day)
101.55%
Change (1 year)

Operating Margin for Porch Group (PRCH)

Operating Margin as of October 2024 (TTM): -17.92%

According to Porch Group's latest financial reports and stock price the company's current Operating Margin is -17.92%. At the end of 2023 the company had an Operating Margin of -30.98%.

Operating Margin history for Porch Group from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-30.98%-45.1%
2022-56.43%-7.09%
2021-60.74%-21.19%
2020-77.07%-42.06%
2019-133.03%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-33.44% 86.63%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.