Turtle Beach Corp
HEAR
#7420
Rank
ยฃ0.24 B
Marketcap
ยฃ12.12
Share price
2.96%
Change (1 day)
43.89%
Change (1 year)

Operating Margin for Turtle Beach Corp (HEAR)

Operating Margin as of November 2024 (TTM): -2.57%

According to Turtle Beach Corp 's latest financial reports and stock price the company's current Operating Margin is -2.57%. At the end of 2023 the company had an Operating Margin of -6.52%.

Operating Margin history for Turtle Beach Corp from 2010 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-6.52%-70.57%
2022-22.17%-495.49%
20215.60%-61.87%
202014.70%172.94%
20195.38%-66.54%
201816.09%356.24%
20173.53%-107.66%
2016-46.05%-0.62%
2015-46.34%492.97%
2014-7.81%-99.43%
2013-1,361.85%-28.69%
2012-1,909.78%28.49%
2011-1,486.32%1469.69%
2010-94.69%-38.85%
2009-154.85%-46.45%
2008-289.20%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
10.21%-497.28%๐Ÿ‡จ๐Ÿ‡ญ Switzerland
-6.08% 136.58%๐Ÿ‡บ๐Ÿ‡ธ USA
3.22%-225.29%๐Ÿ‡บ๐Ÿ‡ธ USA
-5.79% 125.29%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.