Pintec Technology
PT
#8020
Rank
$17.22 M
Marketcap
$1.08
Share price
-2.26%
Change (1 day)
13.68%
Change (1 year)

Operating Margin for Pintec Technology (PT)

Operating Margin as of April 2024 (TTM): -58.84%

According to Pintec Technology's latest financial reports and stock price the company's current Operating Margin is -58.84%. At the end of 2021 the company had an Operating Margin of -58.85%.

Operating Margin history for Pintec Technology from 2017 to 2019

Operating Margin at the end of each year

Year Operating Margin Change
2021-58.85%-9.86%
2020-65.28%-7.24%
2019-70.38%-9501.35%
20180.75%-106.42%
2017-11.67%-96.8%
2016-365.07%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
8.92%-115.16%๐Ÿ‡ซ๐Ÿ‡ท France
28.04%-147.65%๐Ÿ‡ฌ๐Ÿ‡ง UK
17.24%-129.30%๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico
6.44%-110.94%๐Ÿ‡ช๐Ÿ‡ธ Spain

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.