Planet Labs
PL
#5780
Rank
$0.85 B
Marketcap
$2.92
Share price
-2.83%
Change (1 day)
20.45%
Change (1 year)
Categories

Operating Margin for Planet Labs (PL)

Operating Margin as of November 2024 (TTM): -53.38%

According to Planet Labs's latest financial reports and stock price the company's current Operating Margin is -53.38%. At the end of 2023 the company had an Operating Margin of -84.24%.

Operating Margin history for Planet Labs from 2022 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-84.24%-18.13%
2022-102.90%-7.6%
2021-111.37%-13.73%
2020-129.09%

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.