Snowflake
SNOW
$149.70
Share price
0.45%
Change (1 day)
-7.80%
Change (1 year)
Categories
Snowflake Inc. is an American cloud-based data-warehousing startup that was founded in 2012. The company offers a cloud-based data storage and analytics service, it also allows corporate users to store and analyze data using cloud-based hardware and software.
Operating Margin for Snowflake (SNOW)
Operating Margin as of September 2023 (TTM): -37.76%
According to Snowflake's latest financial reports and stock price the company's current Operating Margin is -37.76%. At the end of 2023 the company had an Operating Margin of -39.50%.
Operating Margin history for Snowflake from 2020 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | -39.50% | -28.85% |
| 2022 | -55.52% | -38.79% |
| 2021 | -90.71% | -30.9% |
| 2020 | -131.27% | -28.39% |
| 2019 | -183.32% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 RCI Hospitality Holdings RICK | 21.73% | -157.55% | 🇺🇸 USA |
 Marcus Corporation
MCS | 1.02% | -102.70% | 🇺🇸 USA |
 Vail Resorts
MTN | 18.09% | -147.91% | 🇺🇸 USA |
 Cedar Fair FUN | 17.78% | -147.09% | 🇺🇸 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.