Karooooo
KARO
$23.01
Share price
0.35%
Change (1 day)
-30.10%
Change (1 year)
Categories
Operating Margin for Karooooo (KARO)
Operating Margin as of March 2023 (TTM): 24.23%
According to Karooooo's latest financial reports and stock price the company's current Operating Margin is 24.23%. At the end of 2022 the company had an Operating Margin of 24.84%.
Operating Margin history for Karooooo from 2020 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 24.84% | -18.26% |
| 2021 | 30.39% | -4.31% |
| 2020 | 31.76% | 14.07% |
| 2019 | 27.84% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Proofpoint PFPT | -11.98% | -149.43% | 🇺🇸 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.