TaskUs
TASK
$11.20
Share price
0.45%
Change (1 day)
-12.29%
Change (1 year)
Categories
Operating Margin for TaskUs (TASK)
Operating Margin as of April 2024 (TTM): 6.49%
According to TaskUs's latest financial reports and stock price the company's current Operating Margin is 6.49%. At the end of 2021 the company had an Operating Margin of -8.01%.
Operating Margin history for TaskUs from 2020 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -8.01% | -186.25% |
| 2020 | 9.29% | 13.18% |
| 2019 | 8.21% |
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.