Spruce Power
SPRU
$4.58
Share price
-3.38%
Change (1 day)
604.62%
Change (1 year)
Categories
Operating Margin for Spruce Power (SPRU)
Operating Margin as of May 2024 (TTM): -198.59%
According to Spruce Power's latest financial reports and stock price the company's current Operating Margin is -198.59%. At the end of 2021 the company had an Operating Margin of 184.55%.
Operating Margin history for Spruce Power from 2020 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 184.55% | -246.67% |
| 2020 | -125.83% | -39.07% |
| 2019 | -206.53% |
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.