Cerence
CRNC
#7323
Rank
โ‚น29.70 B
Marketcap
โ‚น693.68
Share price
4.29%
Change (1 day)
-58.32%
Change (1 year)

Operating Margin for Cerence (CRNC)

Operating Margin as of December 2024 (TTM): -176.35%

According to Cerence's latest financial reports and stock price the company's current Operating Margin is -176.35%. At the end of 2023 the company had an Operating Margin of -12.36%.

Operating Margin history for Cerence from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-12.36%-79.61%
2022-60.61%-586.21%
202112.47%-279.08%
2020-6.96%-288.8%
20193.69%-72.25%
201813.29%-48.56%
201725.83%15.38%
201622.38%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-33.44%-81.04%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.