Turtle Beach Corp
HEAR
$8.78
Share price
-2.55%
Change (1 day)
-34.28%
Change (1 year)
Categories
Operating Margin for Turtle Beach Corp (HEAR)
Operating Margin as of October 2023 (TTM): -21.27%
According to Turtle Beach Corp 's latest financial reports and stock price the company's current Operating Margin is -21.27%. At the end of 2021 the company had an Operating Margin of 5.60%.
Operating Margin history for Turtle Beach Corp from 2010 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 5.60% | -61.87% |
| 2020 | 14.70% | 172.94% |
| 2019 | 5.38% | -66.54% |
| 2018 | 16.09% | 356.24% |
| 2017 | 3.53% | -107.66% |
| 2016 | -46.05% | -0.62% |
| 2015 | -46.34% | 492.97% |
| 2014 | -7.81% | -99.43% |
| 2013 | -1,361.85% | -28.88% |
| 2012 | -1,914.94% | 32.05% |
| 2011 | -1,450.17% | 1431.52% |
| 2010 | -94.69% | -41.72% |
| 2009 | -162.48% | -43.82% |
| 2008 | -289.20% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Voxx International
VOXX | -4.06% | -80.91% | 🇺🇸 USA |
 Logitech LOGI | 10.21% | -148.00% | 🇨🇭 Switzerland |
 Daktronics DAKT | -0.10% | -99.53% | 🇺🇸 USA |
 Plantronics POLY | -6.08% | -71.42% | 🇺🇸 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.