The Vita Coco Company
COCO
$23.42
Share price
-2.13%
Change (1 day)
8.93%
Change (1 year)
Categories
Operating Margin for The Vita Coco Company (COCO)
Operating Margin as of April 2024 (TTM): 3.74%
According to The Vita Coco Company's latest financial reports and stock price the company's current Operating Margin is 3.74%. At the end of 2021 the company had an Operating Margin of 6.38%.
Operating Margin history for The Vita Coco Company from 2021 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 6.38% | -54.51% |
| 2020 | 14.04% | 249.56% |
| 2019 | 4.02% |
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.