High Tide
HITI
#7958
Rank
NZ$0.27 B
Marketcap
$3.46
Share price
1.42%
Change (1 day)
16.29%
Change (1 year)
Categories

Operating Margin for High Tide (HITI)

Operating Margin as of September 2024 (TTM): -1.98%

According to High Tide's latest financial reports and stock price the company's current Operating Margin is -1.98%. At the end of 2023 the company had an Operating Margin of -9.96%.

Operating Margin history for High Tide from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-9.96%-51.79%
2022-20.67%4.67%
2021-19.75%168.45%
2020-7.36%-91.47%
2019-86.28%25.2%
2018-68.91%-1326.69%
20175.62%

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.