TrueCar, Inc. Annual Operating Margin in % from 2016 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
TrueCar, Inc. quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • TrueCar, Inc. Operating Margin for the quarter ending June 30, 2024 was -21.7 %, a 76.6% increase year-over-year.
  • TrueCar, Inc. annual Operating Margin for 2023 was -35.6 %, a 54.3% increase from 2022.
  • TrueCar, Inc. annual Operating Margin for 2022 was -77.8 %, a 439% decline from 2021.
  • TrueCar, Inc. annual Operating Margin for 2021 was -14.5 %, a 117% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -35.6 +42.2 +54.3% Jan 1, 2023 Dec 31, 2023
2022 -77.8 -63.4 -439% Jan 1, 2022 Dec 31, 2022
2021 -14.5 -7.8 -117% Jan 1, 2021 Dec 31, 2021
2020 -6.64 +11.5 +63.4% Jan 1, 2020 Dec 31, 2020
2019 -18.2 -8.3 -84.1% Jan 1, 2019 Dec 31, 2019
2018 -9.87 +0.55 +5.28% Jan 1, 2018 Dec 31, 2018
2017 -10.4 +3.6 +25.7% Jan 1, 2017 Dec 31, 2017
2016 -14 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.