According to Purple Innovation 's latest financial reports and stock price the company's current Operating Margin is -20.09%. At the end of 2024 the company had an Operating Margin of -20.09%.
Year | Operating Margin | Change |
---|---|---|
2024 | -20.09% | -15.36% |
2023 | -23.74% | -212.98% |
2022 | 21.01% | 10583.25% |
2021 | 0.20% | -100.47% |
2020 | -42.18% | 491.92% |
2019 | -7.13% | 3.83% |
2018 | -6.86% | 53.2% |
2017 | -4.48% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
![]() | -20.09% | 0.00% | ๐บ๐ธ USA |
![]() | 2.77% | -113.79% | 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.