XL Fleet
XL
#6907
Rank
$0.16 B
Marketcap
$1.14
Share price
30.91%
Change (1 day)
-45.71%
Change (1 year)

Operating Margin for XL Fleet (XL)

Operating Margin as of February 2024 (TTM): -262.12%

According to XL Fleet 's latest financial reports and stock price the company's current Operating Margin is -262.12%. At the end of 2021 the company had an Operating Margin of 184.55%.

Operating Margin history for XL Fleet from 2020 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
2021184.55%-246.67%
2020-125.83%-39.07%
2019-206.53%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-5.75%-97.81%๐Ÿ‡บ๐Ÿ‡ธ USA
4.31%-101.64%๐Ÿ‡บ๐Ÿ‡ธ USA
10.60%-104.04%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.