Performant Financial
PFMT
#7013
Rank
$0.27 B
Marketcap
$3.58
Share price
0.56%
Change (1 day)
26.50%
Change (1 year)

Operating Margin for Performant Financial (PFMT)

Operating Margin as of July 2024 (TTM): -6.64%

According to Performant Financial's latest financial reports and stock price the company's current Operating Margin is -6.64%. At the end of 2023 the company had an Operating Margin of -5.17%.

Operating Margin history for Performant Financial from 2011 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-5.17%4.65%
2022-4.94%-665.77%
20210.87%-109.77%
2020-8.94%-31.4%
2019-13.03%1047%
2018-1.14%-78.81%
2017-5.36%-4.35%
2016-5.61%-233.22%
20154.21%-69.85%
201413.96%-51.1%
201328.54%14.97%
201224.83%21.07%
201120.51%-20.53%
201025.80%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
14.59%-319.73%๐Ÿ‡บ๐Ÿ‡ธ USA
4.56%-168.67%๐Ÿ‡บ๐Ÿ‡ธ USA
16.93%-354.97%๐Ÿ‡จ๐Ÿ‡ฆ Canada
13.45%-302.56%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda

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.