According to SmartRent's latest financial reports and stock price the company's current Operating Margin is -23.88%. At the end of 2024 the company had an Operating Margin of -19.08%.
Year | Operating Margin | Change |
---|---|---|
2024 | -19.08% | 30.28% |
2023 | -14.65% | -75.83% |
2022 | -60.61% | -6.67% |
2021 | -64.94% | -7.7% |
2020 | -70.35% |
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.