Smartsheet
SMAR
#2539
Rank
$5.34 B
Marketcap
$38.80
Share price
1.07%
Change (1 day)
-1.77%
Change (1 year)
Smartsheet Inc. is an American company that develops and markets the Smartsheet, a software as a service (SaaS) application for collaboration and work management.

Operating Margin for Smartsheet (SMAR)

Operating Margin as of May 2024 (TTM): -22.47%

According to Smartsheet 's latest financial reports and stock price the company's current Operating Margin is -22.47%. At the end of 2023 the company had an Operating Margin of -27.75%.

Operating Margin history for Smartsheet from 2018 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2023-27.75%-10.52%
2022-31.01%0.68%
2021-30.80%-12.94%
2020-35.38%17.31%
2019-30.15%-32.11%
2018-44.41%95.88%
2017-22.67%-35.6%
2016-35.21%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-33.44% 48.84%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.