LoveSac
LOVE
$27.56
Share price
1.06%
Change (1 day)
16.58%
Change (1 year)
Categories
Operating Margin for LoveSac (LOVE)
Operating Margin as of May 2024 (TTM): 5.98%
According to LoveSac 's latest financial reports and stock price the company's current Operating Margin is 5.98%. At the end of 2022 the company had an Operating Margin of 7.68%.
Operating Margin history for LoveSac from 2018 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 7.68% | 66.28% |
| 2021 | 4.62% | -171.09% |
| 2020 | -6.50% | 61.14% |
| 2019 | -4.03% | -25.04% |
| 2018 | -5.38% | -39.05% |
| 2017 | -8.82% | -27.26% |
| 2016 | -12.13% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Sleep Number SNBR | 3.00% | -49.83% | 🇺🇸 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.