Planet Labs
PL
$1.77
Share price
0.57%
Change (1 day)
-56.62%
Change (1 year)
Categories
Operating Margin for Planet Labs (PL)
Operating Margin as of April 2024 (TTM): -84.24%
According to Planet Labs's latest financial reports and stock price the company's current Operating Margin is -84.24%. At the end of 2022 the company had an Operating Margin of -102.90%.
Operating Margin history for Planet Labs from 2022 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -102.90% | -7.6% |
| 2021 | -111.37% | -13.73% |
| 2020 | -129.09% |
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.