Socket Mobile
SCKT
#9790
Rank
โ‚น0.94 B
Marketcap
โ‚น124.84
Share price
2.78%
Change (1 day)
20.80%
Change (1 year)

Operating Margin for Socket Mobile (SCKT)

Operating Margin as of November 2024 (TTM): -18.04%

According to Socket Mobile's latest financial reports and stock price the company's current Operating Margin is -18.04%. At the end of 2022 the company had an Operating Margin of -2.10%.

Operating Margin history for Socket Mobile from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-2.10%-117.64%
202111.91%-157.85%
2020-20.59%-753.61%
20193.15%-188.44%
2018-3.56%-131.35%
201711.36%-7.88%
201612.33%6.57%
201511.57%111.56%
20145.47%-798.54%
2013-0.78%-96.47%
2012-22.18%204.65%
2011-7.28%-73.54%
2010-27.52%-40.17%
2009-46.00%358.97%
2008-10.02%-28.66%
2007-14.05%19.84%
2006-11.72%1057.27%
2005-1.01%-185.54%
20041.18%-121.13%
2003-5.60%-68.19%
2002-17.62%-65.03%
2001-50.38%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
7.28%-140.35%๐Ÿ‡บ๐Ÿ‡ธ USA
19.52%-208.20%๐Ÿ‡บ๐Ÿ‡ธ USA
5.46%-130.27%๐Ÿ‡บ๐Ÿ‡ธ USA
5.60%-131.04%๐Ÿ‡บ๐Ÿ‡ธ USA
-1.40%-92.24%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.