Shopify
SHOP
#269
Rank
$56.77 B
Marketcap
$44.47
Share price
1.34%
Change (1 day)
-34.94%
Change (1 year)

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
202168.10%729.96%
20208.20%-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
15.76%-124.36%๐Ÿ‡บ๐Ÿ‡ธ USA
4.53%-107.00%๐Ÿ‡ฆ๐Ÿ‡ท Argentina
-26.06%-59.72%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.