SHIFT TECHNOLOGIES, INC. Annual Operating Margin in % from 2019 to 2022

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
Shift Technologies, Inc. quarterly/annual Operating Margin history and growth rate from 2019 to 2022.
  • Shift Technologies, Inc. Operating Margin for the quarter ending June 30, 2023 was -61.2 %, a 147% decline year-over-year.
  • Shift Technologies, Inc. annual Operating Margin for 2022 was -35.4 %, a 27.5% decline from 2021.
  • Shift Technologies, Inc. annual Operating Margin for 2021 was -27.8 %, a 28.7% increase from 2020.
  • Shift Technologies, Inc. annual Operating Margin for 2020 was -39 %, a 15.7% increase from 2019.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2022 -35.4 -7.63 -27.5% Jan 1, 2022 Dec 31, 2022
2021 -27.8 +11.2 +28.7% Jan 1, 2021 Dec 31, 2021
2020 -39 +7.27 +15.7% Jan 1, 2020 Dec 31, 2020
2019 -46.2 Jan 1, 2019 Dec 31, 2019
* An asterisk sign (*) next to the value indicates that the value is likely invalid.