Socket Mobile
SCKT
$1.04
Share price
-0.95%
Change (1 day)
-41.90%
Change (1 year)
Categories
Operating Margin for Socket Mobile (SCKT)
Operating Margin as of April 2024 (TTM): -10.54%
According to Socket Mobile's latest financial reports and stock price the company's current Operating Margin is -10.54%. At the end of 2021 the company had an Operating Margin of 11.91%.
Operating Margin history for Socket Mobile from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 11.91% | -157.85% |
| 2020 | -20.59% | -753.61% |
| 2019 | 3.15% | -188.44% |
| 2018 | -3.56% | -131.35% |
| 2017 | 11.36% | -7.88% |
| 2016 | 12.33% | 6.57% |
| 2015 | 11.57% | 111.56% |
| 2014 | 5.47% | -798.54% |
| 2013 | -0.78% | -96.47% |
| 2012 | -22.18% | 204.65% |
| 2011 | -7.28% | -73.54% |
| 2010 | -27.52% | -40.18% |
| 2009 | -46.00% | 358.97% |
| 2008 | -10.02% | -28.66% |
| 2007 | -14.05% | 19.84% |
| 2006 | -11.72% | 1057.27% |
| 2005 | -1.01% | -185.54% |
| 2004 | 1.18% | -121.13% |
| 2003 | -5.60% | -68.19% |
| 2002 | -17.62% | -65.03% |
| 2001 | -50.38% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 HP HPQ | 7.05% | -166.89% | 🇺🇸 USA |
 Zebra Technologies ZBRA | 9.41% | -189.28% | 🇺🇸 USA |
 Honeywell HON | 17.98% | -270.59% | 🇺🇸 USA |
 TransAct Technologies TACT | 0.00% | N/A | 🇺🇸 USA |
 Digi International
DGII | 4.79% | -145.45% | 🇺🇸 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.