New Relic
NEWR
$86.99
Share price
0.02%
Change (1 day)
12.80%
Change (1 year)
Categories
Operating Margin for New Relic (NEWR)
Operating Margin as of May 2024 (TTM): -15.37%
According to New Relic 's latest financial reports and stock price the company's current Operating Margin is -15.37%. At the end of 2023 the company had an Operating Margin of -19.01%.
Operating Margin history for New Relic from 2014 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | -19.01% | -35.59% |
| 2022 | -29.51% | 3.5% |
| 2021 | -28.51% | 88.29% |
| 2020 | -15.14% | 76.71% |
| 2019 | -8.57% | -31.42% |
| 2018 | -12.49% | -45.87% |
| 2017 | -23.08% | -37.71% |
| 2016 | -37.06% | -18.57% |
| 2015 | -45.51% | -28.53% |
| 2014 | -63.67% | -16.21% |
| 2013 | -75.99% | 17.51% |
| 2012 | -64.67% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Workday WDAY | -1.27% | -91.74% | 🇺🇸 USA |
 Qualys QLYS | 27.89% | -281.46% | 🇺🇸 USA |
 Veeva Systems VEEV | 18.05% | -217.44% | 🇺🇸 USA |
 Globant GLOB | 11.22% | -173.00% | 🇱🇺 Luxembourg |
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.