XL Fleet
XL
$1.14
Share price
30.91%
Change (1 day)
-45.71%
Change (1 year)
Categories
Operating Margin for XL Fleet (XL)
Operating Margin as of March 2023 (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 |
|---|---|---|
| 2021 | 184.55% | -246.67% |
| 2020 | -125.83% | -39.07% |
| 2019 | -206.53% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Allstate ALL | -2.96% | -98.87% | 🇺🇸 USA |
 Progressive PGR | 2.35% | -100.90% | 🇺🇸 USA |
 Old Republic International
ORI | 20.57% | -107.85% | 🇺🇸 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.