Polished.com
POL
#8617
Rank
$3.84 M
Marketcap
$1.82
Share price
0.00%
Change (1 day)
250.42%
Change (1 year)

Operating Margin for Polished.com (POL)

Operating Margin as of July 2024 (TTM): 3.94%

According to Polished.com's latest financial reports and stock price the company's current Operating Margin is 3.94%. At the end of 2021 the company had an Operating Margin of 0.91%.

Operating Margin history for Polished.com from 2019 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
20210.91%-102.4%
2020-37.85%
20183.56%

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.