SoFi
SOFI
$7.52
Share price
-1.06%
Change (1 day)
28.97%
Change (1 year)
Categories
Operating Margin for SoFi (SOFI)
Operating Margin as of April 2024 (TTM): -10.74%
According to SoFi's latest financial reports and stock price the company's current Operating Margin is -10.74%. At the end of 2022 the company had an Operating Margin of -20.26%.
Operating Margin history for SoFi from 2021 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -20.26% | -58.54% |
| 2021 | -48.86% | -15.9% |
| 2020 | -58.09% | 7.32% |
| 2019 | -54.13% | -42.45% |
| 2018 | -94.05% |
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.