Despegar
DESP
#4766
Rank
ยฃ1.24 B
Marketcap
ยฃ14.79
Share price
5.53%
Change (1 day)
113.86%
Change (1 year)

Operating Margin for Despegar (DESP)

Operating Margin as of November 2024 (TTM): 6.74%

According to Despegar's latest financial reports and stock price the company's current Operating Margin is 6.74%. At the end of 2022 the company had an Operating Margin of -8.78%.

Operating Margin history for Despegar from 2017 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-8.78%-73.3%
2021-32.86%-73.73%
2020-125.11%2412.54%
2019-4.98%-200.75%
20184.94%-52.37%
201710.38%50.55%
20166.89%-143.2%
2015-15.95%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-7.65%-213.50%๐Ÿ‡ฎ๐Ÿ‡ณ India

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.