Blade Air Mobility
BLDE
#7713
Rank
NZ$0.37 B
Marketcap
$4.75
Share price
-0.34%
Change (1 day)
10.42%
Change (1 year)

Operating Margin for Blade Air Mobility (BLDE)

Operating Margin as of September 2024 (TTM): -27.30%

According to Blade Air Mobility's latest financial reports and stock price the company's current Operating Margin is -27.30%. At the end of 2023 the company had an Operating Margin of -25.55%.

Operating Margin history for Blade Air Mobility from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-25.55%33.2%
2022-19.18%-77.82%
2021-86.48%99.47%
2020-43.36%24.79%
2019-34.74%

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.