Polar Power
POLA
#9853
Rank
$8.47 M
Marketcap
$3.38
Share price
13.04%
Change (1 day)
317.28%
Change (1 year)

Operating Margin for Polar Power (POLA)

Operating Margin as of November 2024 (TTM): -55.56%

According to Polar Power 's latest financial reports and stock price the company's current Operating Margin is -55.56%. At the end of 2022 the company had an Operating Margin of -34.78%.

Operating Margin history for Polar Power from 2016 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-34.78%315.57%
2021-8.37%-94.19%
2020-144.06%783.27%
2019-16.31%268.86%
2018-4.42%-15.83%
2017-5.25%-116.49%
201631.86%807.95%
20153.51%-78.92%
201416.64%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-18,379.50% 32,980.45%๐Ÿ‡บ๐Ÿ‡ธ USA
-55.56% 0.00%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.