HyreCar
HYRE
$0.01850
Share price
0.00%
Change (1 day)
-97.24%
Change (1 year)
Categories
Operating Margin for HyreCar (HYRE)
Operating Margin as of April 2024 (TTM): -51.11%
According to HyreCar's latest financial reports and stock price the company's current Operating Margin is -51.11%. At the end of 2021 the company had an Operating Margin of -72.67%.
Operating Margin history for HyreCar from 2017 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -72.67% | 20.46% |
| 2020 | -60.32% | -23.6% |
| 2019 | -78.95% | -31.34% |
| 2018 | -114.99% | -13.2% |
| 2017 | -132.48% | -21.14% |
| 2016 | -167.99% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 HyreCar HYRE | -51.11% | 0.00% | 🇺🇸 USA |
 Hertz HTZ | 17.10% | -133.46% | 🇺🇸 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.