Shopify
SHOP
$69.51
Share price
0.14%
Change (1 day)
43.26%
Change (1 year)
Categories
Operating Margin for Shopify (SHOP)
Operating Margin as of April 2024 (TTM): -31.67%
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%.
Operating Margin history for Shopify from 2014 to 2023
Operating Margin at the end of each year
| 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% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Stamps.com
STMP | 15.76% | -149.76% | 🇺🇸 USA |
 MercadoLibre MELI | 10.68% | -133.72% | 🇦🇷 Argentina |
 Etsy ETSY | -27.49% | -13.20% | 🇺🇸 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.