According to Shopify's latest financial reports and stock price the company's current Operating Margin is -31.67%. At the end of 2022 the company had an Operating Margin of -64.70%.
Year | Operating Margin | Change |
---|---|---|
2022 | -64.70% | -195% |
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% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
![]() Stamps.com
STMP | 15.76% | -149.76% | ๐บ๐ธ USA |
![]() MercadoLibre MELI | 10.68% | -133.72% | ๐ฆ๐ท Argentina |
![]() Etsy ETSY | -27.49% | -13.20% | ๐บ๐ธ USA |
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.