Vroom
VRM
#7968
Rank
$20.96 M
Marketcap
$11.68
Share price
0.43%
Change (1 day)
1,290.48%
Change (1 year)
Vroom is an American used car retailer and e-commerce company that enables consumers to buy, sell and finance cars online.

Operating Margin for Vroom (VRM)

Operating Margin as of April 2024 (TTM): -24.19%

According to Vroom's latest financial reports and stock price the company's current Operating Margin is -24.19%. At the end of 2021 the company had an Operating Margin of -11.62%.

Operating Margin history for Vroom from 2019 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
2021-11.62%-22.14%
2020-14.93%24.6%
2019-11.98%20.66%
2018-9.93%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
18.85%-177.92%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel

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.