Hut 8 Mining
HUT
$8.81
Share price
-0.56%
Change (1 day)
384.07%
Change (1 year)
Categories
Operating Margin for Hut 8 Mining (HUT)
Operating Margin as of April 2024 (TTM): -147.88%
According to Hut 8 Mining's latest financial reports and stock price the company's current Operating Margin is -147.88%. At the end of 2021 the company had an Operating Margin of -38.61%.
Operating Margin history for Hut 8 Mining from 2018 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -38.61% | -493.78% |
| 2020 | 9.80% | 277.3% |
| 2019 | 2.60% | -100.94% |
| 2018 | -276.63% |
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.