According to Evolv Technologies's latest financial reports and stock price the company's current Operating Margin is -21.32%. At the end of 2023 the company had an Operating Margin of -132.06%.
Year | Operating Margin | Change |
---|---|---|
2023 | -132.06% | -15.64% |
2022 | -156.55% | 236.34% |
2021 | -46.54% | -91.87% |
2020 | -572.46% | 68.53% |
2019 | -339.67% |
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.