Hydrofarm
HYFM
#7753
Rank
$49.45 M
Marketcap
$1.08
Share price
3.85%
Change (1 day)
-35.71%
Change (1 year)

Operating Margin for Hydrofarm (HYFM)

Operating Margin as of March 2024 (TTM): -84.71%

According to Hydrofarm's latest financial reports and stock price the company's current Operating Margin is -84.71%. At the end of 2021 the company had an Operating Margin of -1.19%.

Operating Margin history for Hydrofarm from 2020 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
2021-1.19%-39.02%
2020-1.96%-88.72%
2019-17.34%2.21%
2018-16.97%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
11.40%-113.46%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.