Innovative Industrial
IIPR
$97.82
Share price
-0.88%
Change (1 day)
42.49%
Change (1 year)
Categories
Operating Margin for Innovative Industrial (IIPR)
Operating Margin as of April 2024 (TTM): 61.08%
According to Innovative Industrial 's latest financial reports and stock price the company's current Operating Margin is 61.08%. At the end of 2022 the company had an Operating Margin of 55.86%.
Operating Margin history for Innovative Industrial from 2017 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 55.86% | 0.25% |
| 2021 | 55.73% | -0.89% |
| 2020 | 56.23% | 6.99% |
| 2019 | 52.56% | 11.26% |
| 2018 | 47.24% | -4312% |
| 2017 | -1.12% | -99.92% |
| 2016 | -1,368.22% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Gladstone Land LAND | 5.83% | -90.46% | 🇺🇸 USA |
 NexPoint Real Estate Finance NREF | 0.00% | N/A | 🇺🇸 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.