Open Lending
LPRO
$4.87
Share price
4.51%
Change (1 day)
-28.06%
Change (1 year)
Categories
Operating Margin for Open Lending (LPRO)
Operating Margin as of April 2024 (TTM): 55.33%
According to Open Lending's latest financial reports and stock price the company's current Operating Margin is 55.33%. At the end of 2021 the company had an Operating Margin of 88.65%.
Operating Margin history for Open Lending from 2020 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 88.65% | -206.08% |
| 2020 | -83.56% | -224.11% |
| 2019 | 67.33% | 24.1% |
| 2018 | 54.25% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 360 DigiTech QFIN | 33.87% | -38.79% | 🇨🇳 China |
 Rocket Companies
RKT | -19.19% | -134.68% | 🇺🇸 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.