Coinbase
COIN
#477
Rank
HK$329.44 B
Marketcap
HK$1,326
Share price
1.10%
Change (1 day)
121.11%
Change (1 year)

Operating Margin for Coinbase (COIN)

Operating Margin as of September 2024 (TTM): 34.43%

According to Coinbase's latest financial reports and stock price the company's current Operating Margin is 34.43%. At the end of 2023 the company had an Operating Margin of -2.47%.

Operating Margin history for Coinbase from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-2.47%-97.42%
2022-95.94%-348.48%
202138.61%20.54%
202032.03%-476.44%
2019-8.51%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
20.14%-41.50%๐Ÿ‡บ๐Ÿ‡ธ USA
36.63% 6.39%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.