Petco
WOOF
Operating Margin for Petco (WOOF)
Operating Margin as of April 2024 (TTM): 3.18%
According to Petco's latest financial reports and stock price the company's current Operating Margin is 3.18%. At the end of 2023 the company had an Operating Margin of 1.86%.
Operating Margin history for Petco from 2020 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 1.86% | -46.63% |
| 2022 | 3.49% | -512.22% |
| 2021 | -0.85% | -73.61% |
| 2020 | -3.20% | -69.31% |
| 2019 | -10.44% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Henry Schein
HSIC | 4.89% | 53.77% | 🇺🇸 USA |
 IDEXX Laboratories IDXX | 25.53% | 702.83% | 🇺🇸 USA |
 Patterson Companies
PDCO | 4.17% | 31.13% | 🇺🇸 USA |
 Heska Corporation
HSKA | -1.35% | -142.45% | 🇺🇸 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.