Snap
SNAP
#1008
Rank
$18.25 B
Marketcap
$11.06
Share price
-1.16%
Change (1 day)
3.75%
Change (1 year)

Operating Margin for Snap (SNAP)

Operating Margin as of March 2024 (TTM): -29.46%

According to Snap's latest financial reports and stock price the company's current Operating Margin is -29.46%. At the end of 2022 the company had an Operating Margin of -30.44%.

Operating Margin history for Snap from 2016 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2022-30.44%164.17%
2021-11.52%-68.82%
2020-36.95%-38.65%
2019-60.23%-43.27%
2018-106.18%-74.71%
2017-419.83%225.49%
2016-128.99%-80.11%
2015-648.59%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-33.44% 13.52%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.