Cresco Labs
CRLBF
#6868
Rank
NZ$0.72 B
Marketcap
$2.07
Share price
-2.36%
Change (1 day)
-16.36%
Change (1 year)
Categories

Operating Margin for Cresco Labs (CRLBF)

Operating Margin as of November 2024 (TTM): -9.73%

According to Cresco Labs's latest financial reports and stock price the company's current Operating Margin is -9.73%. At the end of 2023 the company had an Operating Margin of -19.06%.

Operating Margin history for Cresco Labs from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-19.06%26.54%
2022-15.06%-51.8%
2021-31.24%131.9%
2020-13.47%-65.94%
2019-39.55%-329.12%
201817.26%

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.