According to Snowflake's latest financial reports and stock price the company's current Operating Margin is -33.07%. At the end of 2023 the company had an Operating Margin of -39.50%.
Year | Operating Margin | Change |
---|---|---|
2023 | -39.50% | -28.85% |
2022 | -55.52% | -38.79% |
2021 | -90.71% | -30.9% |
2020 | -131.27% | -28.39% |
2019 | -183.32% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
12.92% | -139.07% | ๐บ๐ธ USA | |
-0.95% | -97.13% | ๐บ๐ธ USA | |
9.10% | -127.52% | ๐บ๐ธ USA | |
1.56% | -104.72% | 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.