Globalstar
GSAT
#3346
Rank
โ‚น289.15 B
Marketcap
โ‚น152.80
Share price
-4.23%
Change (1 day)
32.47%
Change (1 year)

Operating Margin for Globalstar (GSAT)

Operating Margin as of November 2024 (TTM): -10.54%

According to Globalstar 's latest financial reports and stock price the company's current Operating Margin is -10.54%. At the end of 2023 the company had an Operating Margin of -10.54%.

Operating Margin history for Globalstar from 2005 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-10.54%-93.9%
2022-172.95%90.37%
2021-90.85%7.11%
2020-84.82%-804%
201912.05%-345.28%
2018-4.91%-93.77%
2017-78.90%-45.1%
2016-143.70%-276.4%
201581.46%-115.88%
2014-512.95%-28.09%
2013-713.30%386.99%
2012-146.47%93.83%
2011-75.57%-47.11%
2010-142.88%22.55%
2009-116.58%475.13%
2008-20.27%-20.41%
2007-25.47%-36740.8%
20060.07%-99.58%
200516.69%-457.03%
2004-4.67%-98.94%
2003-442.30%-27.3%
2002-608.36%-93.23%
2001-8,987.88%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-8.44%-19.96%๐Ÿ‡บ๐Ÿ‡ธ USA
24.28%-330.36%๐Ÿ‡บ๐Ÿ‡ธ USA
-9.68%-8.16%๐Ÿ‡บ๐Ÿ‡ธ USA
-5.60%-46.87%๐Ÿ‡บ๐Ÿ‡ธ USA
15.09%-243.17%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.