Turbo Energy
TURB
#9862
Rank
โ‚น2.30 B
Marketcap
โ‚น209.16
Share price
-1.33%
Change (1 day)
108.68%
Change (1 year)

Operating Margin for Turbo Energy (TURB)

Operating Margin at the end of 2023: -20.79%

According to Turbo Energy's latest financial reports and stock price the company's current Operating Margin is -20.79%. At the end of 2023 the company had an Operating Margin of -20.79%.

Operating Margin history for Turbo Energy from 2021 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2023-20.79%-480.04%
20225.47%92.94%
20212.84%

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.