Newegg
NEGG
$1.03
Share price
-8.04%
Change (1 day)
-10.43%
Change (1 year)
Categories
Operating Margin for Newegg (NEGG)
Operating Margin as of May 2024 (TTM): -0.71%
According to Newegg's latest financial reports and stock price the company's current Operating Margin is -0.71%. At the end of 2021 the company had an Operating Margin of 1.28%.
Operating Margin history for Newegg from 2021 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 1.28% | -16.22% |
| 2020 | 1.53% | -289.29% |
| 2019 | -0.81% |
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.