Pure Storage
PSTG
Operating Margin for Pure Storage (PSTG)
Operating Margin as of May 2024 (TTM): 1.07%
According to Pure Storage 's latest financial reports and stock price the company's current Operating Margin is 1.07%. At the end of 2023 the company had an Operating Margin of 3.33%.
Operating Margin history for Pure Storage from 2015 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 3.33% | -156.59% |
| 2022 | -5.89% | -63.27% |
| 2021 | -16.04% | 35.42% |
| 2020 | -11.85% | -9.14% |
| 2019 | -13.04% | -23.23% |
| 2018 | -16.98% | -49.17% |
| 2017 | -33.40% | -30.68% |
| 2016 | -48.19% | -53.78% |
| 2015 | -104.27% | -43.07% |
| 2014 | -183.16% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Seagate Technology STX | -6.71% | -727.10% | 🇮🇪 Ireland |
 Quantum QMCO | -8.29% | -874.77% | 🇺🇸 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.