Cipher Mining
CIFR
#5504
Rank
โ‚น81.56 B
Marketcap
โ‚น243.29
Share price
-1.02%
Change (1 day)
9.19%
Change (1 year)

Operating Margin for Cipher Mining (CIFR)

Operating Margin as of September 2024 (TTM): 17.08%

According to Cipher Mining's latest financial reports and stock price the company's current Operating Margin is 17.08%. At the end of 2023 the company had an Operating Margin of -17.51%.

Operating Margin history for Cipher Mining from 2023 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-17.51%-98.57%
2022-1,225.32%

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.