Innovative Eyewear
LUCY
$0.24
Share price
-1.71%
Change (1 day)
-90.44%
Change (1 year)
Categories
Operating Margin for Innovative Eyewear (LUCY)
Operating Margin as of April 2024 (TTM): -861.16%
According to Innovative Eyewear's latest financial reports and stock price the company's current Operating Margin is -861.16%. At the end of 2021 the company had an Operating Margin of -464.05%.
Operating Margin history for Innovative Eyewear from 2021 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -464.05% | -65.34% |
| 2020 | -1,339.05% | -41.01% |
| 2019 | -2,269.80% |
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.