Synchronoss
SNCR
#7612
Rank
$67.43 M
Marketcap
$6.54
Share price
1.24%
Change (1 day)
643.18%
Change (1 year)

Operating Margin for Synchronoss (SNCR)

Operating Margin as of April 2024 (TTM): -2.31%

According to Synchronoss's latest financial reports and stock price the company's current Operating Margin is -2.31%. At the end of 2021 the company had an Operating Margin of -8.75%.

Operating Margin history for Synchronoss from 2004 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
2021-8.75%-31.08%
2020-12.70%-60.88%
2019-32.47%-59.24%
2018-79.66%84.93%
2017-43.07%204.15%
2016-14.16%-199.96%
201514.17%1.91%
201413.90%36.05%
201310.22%-35.94%
201215.95%81.11%
20118.81%41.1%
20106.24%-58.92%
200915.20%-6.46%
200816.25%-40.68%
200727.39%29.65%
200621.13%35.15%
200515.63%-1575.8%
2004-1.06%-101.06%
2003100.00%-226.82%
2002-78.85%39.47%
2001-56.54%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-3.30% 42.86%๐Ÿ‡บ๐Ÿ‡ธ USA
20.69%-995.67%๐Ÿ‡บ๐Ÿ‡ธ USA
13.86%-700.00%๐Ÿ‡บ๐Ÿ‡ธ USA
9.64%-517.32%๐Ÿ‡บ๐Ÿ‡ธ 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.