TrueCar
TRUE
#6692
Rank
$0.31 B
Marketcap
$3.45
Share price
0.29%
Change (1 day)
50.00%
Change (1 year)

Operating Margin for TrueCar (TRUE)

Operating Margin as of July 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
7.35%-118.01%๐Ÿ‡บ๐Ÿ‡ธ USA
1.30%-103.19%๐Ÿ‡บ๐Ÿ‡ธ USA
-16.34%-59.96%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.