Pagaya Technologies
PGY
$9.79
Share price
-5.32%
Change (1 day)
975.82%
Change (1 year)
Categories
Operating Margin for Pagaya Technologies (PGY)
Operating Margin as of April 2024 (TTM): -45.49%
According to Pagaya Technologies's latest financial reports and stock price the company's current Operating Margin is -45.49%. At the end of 2021 the company had an Operating Margin of -7.74%.
Operating Margin history for Pagaya Technologies from 2022 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -7.74% | -150.81% |
| 2020 | 15.24% |
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.