Tigo Energy
TYGO
#9216
Rank
โ‚ฌ54.01 M
Marketcap
0,89ย โ‚ฌ
Share price
-3.02%
Change (1 day)
-63.73%
Change (1 year)

Operating Margin for Tigo Energy (TYGO)

Operating Margin as of November 2024 (TTM): 28.61%

According to Tigo Energy's latest financial reports and stock price the company's current Operating Margin is 28.61%. At the end of 2023 the company had an Operating Margin of -0.58%.

Operating Margin history for Tigo Energy from 2023 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-0.58%-93.2%
2022-8.57%-19.83%
2021-10.68%

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.