QXO, Inc.
QXO
#2417
Rank
NZ$10.41 B
Marketcap
$25.43
Share price
0.46%
Change (1 day)
-44.78%
Change (1 year)

Operating Margin for QXO, Inc. (QXO)

Operating Margin as of October 2024 (TTM): -2.50%

According to QXO, Inc.'s latest financial reports and stock price the company's current Operating Margin is -2.50%. At the end of 2023 the company had an Operating Margin of -2.51%.

Operating Margin history for QXO, Inc. from 2005 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-2.51%137.86%
2022-1.05%-1109.32%
20210.10%-80.69%
20200.54%-110.83%
2019-4.99%49.91%
2018-3.33%-227.93%
20172.60%-26.73%
20163.55%126.19%
20151.57%-17.93%
20141.91%64.46%
20131.16%-112.42%
2012-9.37%-136.4%
201125.75%-439.04%
2010-7.59%-62.52%
2009-20.26%5.29%
2008-19.24%-12.03%
2007-21.88%-37.94%
2006-35.25%-38.82%
2005-57.62%-58.95%
2004-140.36%-99.52%
2003-29,452.22%

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.