Porch Group
PRCH
#6997
Rank
$0.18 B
Marketcap
$1.91
Share price
-5.45%
Change (1 day)
32.64%
Change (1 year)

Operating Margin for Porch Group (PRCH)

Operating Margin as of June 2024 (TTM): -55.05%

According to Porch Group's latest financial reports and stock price the company's current Operating Margin is -55.05%. At the end of 2021 the company had an Operating Margin of -60.74%.

Operating Margin history for Porch Group from 2020 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
2021-60.74%-16.57%
2020-72.80%-45.28%
2019-133.03%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-33.44%-39.25%๐Ÿ‡บ๐Ÿ‡ธ 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.