Latch
LTCH
#7621
Rank
$69.74 M
Marketcap
$0.40
Share price
-0.27%
Change (1 day)
-60.00%
Change (1 year)

Operating Margin for Latch (LTCH)

Operating Margin as of May 2024 (TTM): -332.06%

According to Latch's latest financial reports and stock price the company's current Operating Margin is -332.06%. At the end of 2021 the company had an Operating Margin of -402.00%.

Operating Margin history for Latch from 2021 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
2021-402.00%10.03%
2020-365.35%8.4%
2019-337.05%

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.