Karooooo
KARO
#4992
Rank
$0.71 B
Marketcap
$23.01
Share price
0.35%
Change (1 day)
-30.10%
Change (1 year)

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
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%-149.43%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.