Pure Storage
PSTG
#1128
Rank
S$22.02 B
Marketcap
$67.22
Share price
2.88%
Change (1 day)
42.10%
Change (1 year)

Operating Margin for Pure Storage (PSTG)

Operating Margin as of November 2024 (TTM): 5.81%

According to Pure Storage 's latest financial reports and stock price the company's current Operating Margin is 5.81%. At the end of 2023 the company had an Operating Margin of 3.33%.

Operating Margin history for Pure Storage from 2015 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20233.33%-156.59%
2022-5.89%-63.27%
2021-16.04%35.42%
2020-11.85%-9.14%
2019-13.04%-14.36%
2018-15.22%-48.77%
2017-29.72%-38.33%
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
-8.72%-250.09%๐Ÿ‡บ๐Ÿ‡ธ USA
12.49% 114.97%๐Ÿ‡ฎ๐Ÿ‡ช Ireland

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.