According to Sonder Holdings's latest financial reports and stock price the company's current Operating Margin is -42.68%. At the end of 2023 the company had an Operating Margin of -49.26%.
Year | Operating Margin | Change |
---|---|---|
2023 | -49.26% | -6.28% |
2022 | -52.56% | -58.1% |
2021 | -125.44% | -41.96% |
2020 | -216.11% | 73.27% |
2019 | -124.73% |
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.