GigaCloud Technology
GCT
#5586
Rank
$0.94 B
Marketcap
$22.77
Share price
-7.06%
Change (1 day)
140.44%
Change (1 year)

Operating Margin for GigaCloud Technology (GCT)

Operating Margin as of October 2024 (TTM): 13.70%

According to GigaCloud Technology's latest financial reports and stock price the company's current Operating Margin is 13.70%. At the end of 2022 the company had an Operating Margin of 6.36%.

Operating Margin history for GigaCloud Technology from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20226.36%-30.18%
20219.11%-44.58%
202016.44%318.56%
20193.93%

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.