TrueCar
TRUE
$2.80
Share price
-3.78%
Change (1 day)
3.70%
Change (1 year)
Operating Margin for TrueCar (TRUE)
Operating Margin as of April 2024 (TTM): -40.81%
According to TrueCar's latest financial reports and stock price the company's current Operating Margin is -40.81%. At the end of 2021 the company had an Operating Margin of -14.45%.
Operating Margin history for TrueCar from 2013 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -14.45% | 102.9% |
| 2020 | -7.12% | -53.85% |
| 2019 | -15.43% | 111.05% |
| 2018 | -7.31% | -27.09% |
| 2017 | -10.03% | -27.77% |
| 2016 | -13.88% | -43.52% |
| 2015 | -24.58% | 7.13% |
| 2014 | -22.94% | 36.66% |
| 2013 | -16.79% | -81.31% |
| 2012 | -89.80% | 250.76% |
| 2011 | -25.60% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 eBay EBAY | -16.34% | -59.96% | 🇺🇸 USA |
 General Motors GM | 7.35% | -118.01% | 🇺🇸 USA |
 Gannett GCI | 1.30% | -103.19% | 🇺🇸 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.