Bike24 Holding
BIKE.DE
#8737
Rank
NZ$0.11 B
Marketcap
$2.62
Share price
-6.41%
Change (1 day)
-33.13%
Change (1 year)

Operating Margin for Bike24 Holding (BIKE.DE)

Operating Margin as of September 2024 (TTM): -36.37%

According to Bike24 Holding's latest financial reports and stock price the company's current Operating Margin is -36.37%. At the end of 2023 the company had an Operating Margin of -39.65%.

Operating Margin history for Bike24 Holding from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-39.65%1031.72%
2022-3.50%-326.4%
20211.55%158.31%
20200.60%

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.