Coinbase
COIN

Operating Margin for Coinbase (COIN)

Operating Margin as of November 2024 (TTM): 31.59%

According to Coinbase's latest financial reports and stock price the company's current Operating Margin is 31.59%. At the end of 2023 the company had an Operating Margin of -2.47%.

Operating Margin history for Coinbase from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-2.47%-97.42%
2022-95.94%-348.48%
202138.61%20.54%
202032.03%-476.44%
2019-8.51%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
18.34%-41.94%๐Ÿ‡บ๐Ÿ‡ธ USA
36.73% 16.27%๐Ÿ‡บ๐Ÿ‡ธ 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.