Driven Brands
DRVN
#4018
Rank
S$3.09 B
Marketcap
$18.89
Share price
1.61%
Change (1 day)
14.64%
Change (1 year)

Operating Margin for Driven Brands (DRVN)

Operating Margin as of October 2024 (TTM): -31.36%

According to Driven Brands's latest financial reports and stock price the company's current Operating Margin is -31.36%. At the end of 2023 the company had an Operating Margin of -36.79%.

Operating Margin history for Driven Brands from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-36.79%-1194.54%
20223.36%41.35%
20212.38%200.47%
20200.79%-62.24%
20192.10%4.65%
20182.00%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
4.31%-113.74%๐Ÿ‡บ๐Ÿ‡ธ USA
-31.36% 0.00%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.