DigitalOcean
DOCN
#3112
Rank
$3.97 B
Marketcap
$43.23
Share price
2.37%
Change (1 day)
80.43%
Change (1 year)

Operating Margin for DigitalOcean (DOCN)

Operating Margin as of September 2024 (TTM): 12.20%

According to DigitalOcean's latest financial reports and stock price the company's current Operating Margin is 12.20%. At the end of 2023 the company had an Operating Margin of 3.86%.

Operating Margin history for DigitalOcean from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20233.86%-193.24%
2022-4.14%-2.42%
2021-4.25%-68.3%
2020-13.40%-13.78%
2019-15.54%-9.24%
2018-17.12%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-11.98%-198.18%๐Ÿ‡บ๐Ÿ‡ธ USA
0.00%N/A๐Ÿ‡บ๐Ÿ‡ธ USA

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.