Open Lending Corp Annual Operating Margin in % from 2018 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
Open Lending Corp quarterly/annual Operating Margin history and growth rate from 2018 to 2023.
  • Open Lending Corp Operating Margin for the quarter ending September 30, 2024 was 5.11 %, a 84.3% decline year-over-year.
  • Open Lending Corp annual Operating Margin for 2023 was 24.8 %, a 54.5% decline from 2022.
  • Open Lending Corp annual Operating Margin for 2022 was 54.4 %, a 22% decline from 2021.
  • Open Lending Corp annual Operating Margin for 2021 was 69.7 %, a 33.8% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 24.8 -29.6 -54.5% Jan 1, 2023 Dec 31, 2023
2022 54.4 -15.3 -22% Jan 1, 2022 Dec 31, 2022
2021 69.7 +17.6 +33.8% Jan 1, 2021 Dec 31, 2021
2020 52.1 -15.4 -22.8% Jan 1, 2020 Dec 31, 2020
2019 67.4 +12.9 +23.6% Jan 1, 2019 Dec 31, 2019
2018 54.6 Jan 1, 2018 Dec 31, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.