Pagaya Technologies
PGY
#5648
Rank
HK$6.90 B
Marketcap
HK$96.11
Share price
-1.75%
Change (1 day)
-37.55%
Change (1 year)

Operating Margin for Pagaya Technologies (PGY)

Operating Margin as of September 2024 (TTM): -1.16%

According to Pagaya Technologies's latest financial reports and stock price the company's current Operating Margin is -1.16%. At the end of 2023 the company had an Operating Margin of -8.23%.

Operating Margin history for Pagaya Technologies from 2022 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-8.23%-82.08%
2022-45.96%493.44%
2021-7.74%-150.81%
202015.24%

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.