Opendoor
OPEN
$2.24
Share price
3.23%
Change (1 day)
58.87%
Change (1 year)
Categories
Operating Margin for Opendoor (OPEN)
Operating Margin as of April 2024 (TTM): -10.93%
According to Opendoor's latest financial reports and stock price the company's current Operating Margin is -10.93%. At the end of 2022 the company had an Operating Margin of -6.21%.
Operating Margin history for Opendoor from 2020 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -6.21% | -3.91% |
| 2021 | -6.46% | -23.79% |
| 2020 | -8.47% | 75.44% |
| 2019 | -4.83% | -50.43% |
| 2018 | -9.74% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Opendoor OPEN | -10.93% | 0.00% | 🇺🇸 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.