Fresh Vine Wine
VINE
#9456
Rank
โ‚ฌ7.2 M
Marketcap
0,45ย โ‚ฌ
Share price
-6.47%
Change (1 day)
2.36%
Change (1 year)

Operating Margin for Fresh Vine Wine (VINE)

Operating Margin as of September 2024 (TTM): -496.94%

According to Fresh Vine Wine's latest financial reports and stock price the company's current Operating Margin is -496.94%. At the end of 2023 the company had an Operating Margin of -581.27%.

Operating Margin history for Fresh Vine Wine from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-581.27%9.35%
2022-531.56%-9.31%
2021-586.14%-1.45%
2020-594.74%

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.