Flywire
FLYW
#3747
Rank
C$3.80 B
Marketcap
$30.59
Share price
0.65%
Change (1 day)
-0.74%
Change (1 year)

Operating Margin for Flywire (FLYW)

Operating Margin as of November 2024 (TTM): 0.18%

According to Flywire's latest financial reports and stock price the company's current Operating Margin is 0.18%. At the end of 2023 the company had an Operating Margin of -1.08%.

Operating Margin history for Flywire from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-1.08%-91.64%
2022-12.91%0.16%
2021-12.89%-7.06%
2020-13.87%-32.72%
2019-20.61%

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.