Polar Power
POLA
$0.35
Share price
-5.61%
Change (1 day)
-69.83%
Change (1 year)
Categories
Operating Margin for Polar Power (POLA)
Operating Margin as of April 2024 (TTM): -34.77%
According to Polar Power 's latest financial reports and stock price the company's current Operating Margin is -34.77%. At the end of 2021 the company had an Operating Margin of -8.37%.
Operating Margin history for Polar Power from 2016 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -8.37% | -94.19% |
| 2020 | -144.06% | 783.33% |
| 2019 | -16.31% | 268.84% |
| 2018 | -4.42% | -15.83% |
| 2017 | -5.25% | -116.49% |
| 2016 | 31.86% | 807.95% |
| 2015 | 3.51% | -78.92% |
| 2014 | 16.64% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Polar Power
POLA | -34.77% | 0.00% | 🇺🇸 USA |
 Hyliion HYLN | -7,551.28% | 21,617.80% | 🇺🇸 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.