Grove Collaborative
GROV
$1.61
Share price
1.26%
Change (1 day)
292.68%
Change (1 year)
Categories
Operating Margin for Grove Collaborative (GROV)
Operating Margin as of June 2024 (TTM): -22.70%
According to Grove Collaborative's latest financial reports and stock price the company's current Operating Margin is -22.70%. At the end of 2021 the company had an Operating Margin of -35.41%.
Operating Margin history for Grove Collaborative from 2022 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -35.41% | 78.58% |
| 2020 | -19.83% | -71.38% |
| 2019 | -69.26% |
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.