Phoenix Motor
PEV
$0.60
Share price
-0.83%
Change (1 day)
-10.45%
Change (1 year)
Operating Margin for Phoenix Motor (PEV)
Operating Margin as of April 2024 (TTM): -307.80%
According to Phoenix Motor's latest financial reports and stock price the company's current Operating Margin is -307.80%. At the end of 2021 the company had an Operating Margin of -490.53%.
Operating Margin history for Phoenix Motor from 2021 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -490.53% |
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.