InnovAge
INNV
#6547
Rank
ยฃ0.45 B
Marketcap
ยฃ3.33
Share price
18.70%
Change (1 day)
-21.98%
Change (1 year)

Operating Margin for InnovAge (INNV)

Operating Margin as of December 2024 (TTM): -2.08%

According to InnovAge's latest financial reports and stock price the company's current Operating Margin is -2.08%. At the end of 2023 the company had an Operating Margin of -7.38%.

Operating Margin history for InnovAge from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-7.38%612.62%
2022-1.04%-81.11%
2021-5.48%-187.27%
20206.28%15.22%
20195.45%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
0.00%N/A๐Ÿ‡บ๐Ÿ‡ธ USA
14.06%-775.96%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
-478.64% 22,911.54%๐Ÿ‡บ๐Ÿ‡ธ USA
3.14%-250.96%๐Ÿ‡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.