ShiftPixy
PIXY
#8114
Rank
$11.13 M
Marketcap
$1.86
Share price
-3.12%
Change (1 day)
-50.66%
Change (1 year)

Operating Margin for ShiftPixy (PIXY)

Operating Margin as of April 2024 (TTM): -132.19%

According to ShiftPixy's latest financial reports and stock price the company's current Operating Margin is -132.19%. At the end of 2022 the company had an Operating Margin of -120.67%.

Operating Margin history for ShiftPixy from 2016 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2022-120.67%3.42%
2021-116.67%-88.85%
2020-1,046.84%2887.08%
2019-35.05%-26.09%
2018-47.42%28.13%
2017-37.01%68.83%
2016-21.92%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-132.19% 0.00%๐Ÿ‡บ๐Ÿ‡ธ USA
4.13%-103.12%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.