Vroom
VRM
#9275
Rank
S$16.14 M
Marketcap
$8.87
Share price
-3.81%
Change (1 day)
-93.65%
Change (1 year)
Vroom is an American used car retailer and e-commerce company that enables consumers to buy, sell and finance cars online.

Operating Margin for Vroom (VRM)

Operating Margin as of September 2024 (TTM): -43.01%

According to Vroom's latest financial reports and stock price the company's current Operating Margin is -43.01%. At the end of 2023 the company had an Operating Margin of -40.86%.

Operating Margin history for Vroom from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-40.86%68.84%
2022-24.20%108.16%
2021-11.62%-22.14%
2020-14.93%24.6%
2019-11.98%20.66%
2018-9.93%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
13.33%-130.99%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel

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.