Shopify
SHOP
$44.47
Share price
1.34%
Change (1 day)
-34.94%
Change (1 year)
Categories
Operating Margin for Shopify (SHOP)
Operating Margin as of March 2023 (TTM): -64.69%
According to Shopify's latest financial reports and stock price the company's current Operating Margin is -64.69%. At the end of 2021 the company had an Operating Margin of 68.10%.
Operating Margin history for Shopify from 2014 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 68.10% | 729.96% |
| 2020 | 8.20% | -235.14% |
| 2019 | -6.07% | 0.94% |
| 2018 | -6.01% | 1.26% |
| 2017 | -5.94% | -34.59% |
| 2016 | -9.08% | -0.81% |
| 2015 | -9.16% | -56.91% |
| 2014 | -21.24% | 120.72% |
| 2013 | -9.63% | 85.27% |
| 2012 | -5.20% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Stamps.com
STMP | 15.76% | -124.36% | 🇺🇸 USA |
 MercadoLibre MELI | 4.53% | -107.00% | 🇦🇷 Argentina |
 Etsy ETSY | -26.06% | -59.72% | 🇺🇸 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.