HyreCar
HYRE
#10239
Rank
NZ$0.97 M
Marketcap
$0.03208
Share price
0.00%
Change (1 day)
-97.03%
Change (1 year)

Operating Margin for HyreCar (HYRE)

Operating Margin as of December 2024 (TTM): -51.11%

According to HyreCar's latest financial reports and stock price the company's current Operating Margin is -51.11%. At the end of 2021 the company had an Operating Margin of -72.67%.

Operating Margin history for HyreCar from 2017 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
2021-72.67%20.46%
2020-60.32%-23.6%
2019-78.95%-31.34%
2018-114.99%-13.2%
2017-132.48%-21.14%
2016-167.99%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-51.11% 0.00%๐Ÿ‡บ๐Ÿ‡ธ USA
-24.47%-52.12%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.