TrueCar
TRUE
#7256
Rank
โ‚น23.94 B
Marketcap
โ‚น263.43
Share price
-1.57%
Change (1 day)
34.34%
Change (1 year)

Operating Margin for TrueCar (TRUE)

Operating Margin as of September 2024 (TTM): -21.67%

According to TrueCar's latest financial reports and stock price the company's current Operating Margin is -21.67%. At the end of 2023 the company had an Operating Margin of -35.58%.

Operating Margin history for TrueCar from 2013 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-35.58%-12.82%
2022-40.81%182.45%
2021-14.45%292.76%
2020-3.68%-79.75%
2019-18.16%101.04%
2018-9.03%-9.9%
2017-10.03%-27.77%
2016-13.88%-43.52%
2015-24.58%7.13%
2014-22.94%36.66%
2013-16.79%-81.31%
2012-89.80%250.76%
2011-25.60%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
6.71%-130.96%๐Ÿ‡บ๐Ÿ‡ธ USA
1.23%-105.68%๐Ÿ‡บ๐Ÿ‡ธ USA
36.65%-269.13%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.