Purple Innovation
PRPL
$1.60
Share price
2.56%
Change (1 day)
-42.86%
Change (1 year)
Categories
Operating Margin for Purple Innovation (PRPL)
Operating Margin as of May 2024 (TTM): 21.35%
According to Purple Innovation 's latest financial reports and stock price the company's current Operating Margin is 21.35%. At the end of 2021 the company had an Operating Margin of 0.37%.
Operating Margin history for Purple Innovation from 2018 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 0.37% | -107.21% |
| 2020 | -5.07% | 81.28% |
| 2019 | -2.80% | -59.25% |
| 2018 | -6.86% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Purple Innovation
PRPL | 21.35% | 0.00% | 🇺🇸 USA |
 Restoration Hardware
RH | 13.66% | -36.02% | 🇺🇸 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.