Switch
SWCH
$34.25
Share price
0.06%
Change (1 day)
43.01%
Change (1 year)
Operating Margin for Switch (SWCH)
Operating Margin as of April 2024 (TTM): 66.96%
According to Switch's latest financial reports and stock price the company's current Operating Margin is 66.96%. At the end of 2021 the company had an Operating Margin of 2.94%.
Operating Margin history for Switch from 2017 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 2.94% | -64.94% |
| 2020 | 8.39% | 13.2% |
| 2019 | 7.41% | -3.8% |
| 2018 | 7.70% | -404.74% |
| 2017 | -2.53% | -125.65% |
| 2016 | 9.85% | -64.34% |
| 2015 | 27.63% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 RigNet RNET | -16.19% | -124.18% | 🇺🇸 USA |
 LiveRamp RAMP | -19.92% | -129.75% | 🇺🇸 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.