Qorvo
QRVO
#1708
Rank
โ‚น825.11 B
Marketcap
โ‚น8,698
Share price
3.89%
Change (1 day)
7.81%
Change (1 year)
Qorvo Inc.,is an American semiconductor company that designs, manufactures, and supplies radio-frequency systems for applications that drive wireless and broadband communications, as well as foundry services.

Operating Margin for Qorvo (QRVO)

Operating Margin as of September 2024 (TTM): 3.10%

According to Qorvo 's latest financial reports and stock price the company's current Operating Margin is 3.10%. At the end of 2023 the company had an Operating Margin of 3.49%.

Operating Margin history for Qorvo from 2014 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20233.49%-86.27%
202225.42%26.44%
202120.11%64.85%
202012.20%310.64%
20192.97%415.15%
20180.58%-35.96%
20170.90%-921.34%
2016-0.11%-101.55%
20157.09%240.82%
20142.08%-177.4%
2013-2.69%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
2.16%-30.32%๐Ÿ‡บ๐Ÿ‡ธ USA
8.25% 166.13%๐Ÿ‡บ๐Ÿ‡ธ USA
-36.40%-1,274.19%๐Ÿ‡บ๐Ÿ‡ธ USA
13.42% 332.90%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.