Shift Technologies
SFT
$0.17
Share price
0.00%
Change (1 day)
-84.79%
Change (1 year)
Operating Margin for Shift Technologies (SFT)
Operating Margin as of April 2024 (TTM): -23.96%
According to Shift Technologies's latest financial reports and stock price the company's current Operating Margin is -23.96%. At the end of 2021 the company had an Operating Margin of -26.07%.
Operating Margin history for Shift Technologies from 2020 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -26.07% | -13.73% |
| 2020 | -30.22% | -37.58% |
| 2019 | -48.42% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Perion Network PERI | 18.85% | -178.67% | 🇮🇱 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.