Hour Loop
HOUR
$1.04
Share price
-1.89%
Change (1 day)
-32.90%
Change (1 year)
Categories
Operating Margin for Hour Loop (HOUR)
Operating Margin as of April 2024 (TTM): -2.02%
According to Hour Loop's latest financial reports and stock price the company's current Operating Margin is -2.02%. At the end of 2021 the company had an Operating Margin of 8.75%.
Operating Margin history for Hour Loop from 2021 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 8.75% | -11.6% |
| 2020 | 9.90% | -719.17% |
| 2019 | -1.60% |
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.