Wheels Up
UP
$2.69
Share price
-2.54%
Change (1 day)
896.30%
Change (1 year)
Operating Margin for Wheels Up (UP)
Operating Margin as of June 2024 (TTM): -31.64%
According to Wheels Up's latest financial reports and stock price the company's current Operating Margin is -31.64%. At the end of 2021 the company had an Operating Margin of -16.51%.
Operating Margin history for Wheels Up from 2021 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -16.51% | 34.35% |
| 2020 | -12.29% | -55.74% |
| 2019 | -27.77% |
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.