GrowGeneration
GRWG
#8685
Rank
NZ$0.18 B
Marketcap
$3.19
Share price
0.54%
Change (1 day)
-29.14%
Change (1 year)

Operating Margin for GrowGeneration (GRWG)

Operating Margin as of November 2024 (TTM): -23.89%

According to GrowGeneration 's latest financial reports and stock price the company's current Operating Margin is -23.89%. At the end of 2023 the company had an Operating Margin of -20.53%.

Operating Margin history for GrowGeneration from 2016 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-20.53%-65.73%
2022-59.90%-1756.99%
20213.61%-18.66%
20204.44%105.65%
20192.16%-115.43%
2018-14.00%-20.42%
2017-17.59%229.61%
2016-5.34%-64.93%
2015-15.22%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-23.89% 0.00%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.