According to Kaixin Auto's latest financial reports and stock price the company's current Operating Margin is -77.47%. At the end of 2021 the company had an Operating Margin of -77.47%.
Year | Operating Margin | Change |
---|---|---|
2021 | -77.47% | 275.15% |
2020 | -20.65% | -2.63% |
2019 | -21.21% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
![]() Kaixin Auto KXIN | -77.47% | 0.00% | ๐จ๐ณ China |
![]() CarLotz LOTZ | -35.14% | -54.64% | ๐บ๐ธ USA |
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.