Procore
PCOR
$71.72
Share price
-0.04%
Change (1 day)
34.79%
Change (1 year)
Categories
Operating Margin for Procore (PCOR)
Operating Margin as of April 2024 (TTM): -30.85%
According to Procore's latest financial reports and stock price the company's current Operating Margin is -30.85%. At the end of 2022 the company had an Operating Margin of -39.78%.
Operating Margin history for Procore from 2019 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -39.78% | -29.13% |
| 2021 | -56.12% | 131.21% |
| 2020 | -24.27% | -15.47% |
| 2019 | -28.71% | -5.14% |
| 2018 | -30.27% | -38.56% |
| 2017 | -49.27% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Perficient PRFT | 15.57% | -150.47% | 🇺🇸 USA |
 ePlus PLUS | 7.64% | -124.76% | 🇺🇸 USA |
 Ping Identity Holding PING | -34.82% | 12.87% | 🇺🇸 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.