Karooooo
KARO
#5159
Rank
$0.96 B
Marketcap
$31.25
Share price
14.05%
Change (1 day)
36.11%
Change (1 year)

Operating Margin for Karooooo (KARO)

Operating Margin as of April 2024 (TTM): 25.79%

According to Karooooo's latest financial reports and stock price the company's current Operating Margin is 25.79%. At the end of 2022 the company had an Operating Margin of 24.84%.

Operating Margin history for Karooooo from 2020 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202224.84%-18.26%
202130.39%-4.31%
202031.76%14.07%
201927.84%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-11.98%-146.44%๐Ÿ‡บ๐Ÿ‡ธ USA
0.00%N/A๐Ÿ‡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.