Hive Digital Technologies Ltd. Common Shares(Hive) Financials: Operating Profit Margin Compared To Industry Average, Plus Other Key Ratios
Company Report for HIVE
Report - operating profit margin
This chart shows the historical trend of operating profit margin for HIVE compared to its industry average over the recent years.
Ratio Definition and Interpretation
Name: Operating Profit Margin
Definition: Operating profit margin focuses on profits from the company’s core business — before interest payments and taxes. It reflects how well the business manages operating costs relative to sales. Strong operating margins show efficient day-to-day operations. Shrinking margins may reveal rising overhead, pricing weakness, or declining efficiency.
Interpretation:
• In '2021', HIVE's operating profit margin was 61.2%, highlighting profit earned from core business operations. Industry average for Finance: Consumer Services in '2021' stood at -11.2%.
• In '2022', HIVE's operating profit margin was 37.5%, highlighting profit earned from core business operations. The decline from '2021' may indicate some operational or financial challenges. Industry average for Finance: Consumer Services in '2022' stood at -39.5%. Industry average declined by 28.4% from previous year.
• In '2023', HIVE's operating profit margin was -49.4%, highlighting profit earned from core business operations. The decline from '2022' may indicate some operational or financial challenges. Industry average for Finance: Consumer Services in '2023' stood at -34.4%. Industry average increased by 5.1% compared to previous year.
• In '2024', HIVE's operating profit margin was -46.5%, highlighting profit earned from core business operations. The increase since '2023' reflects strengthening financial performance. Industry average for Finance: Consumer Services in '2024' stood at -41.4%. Industry average declined by 7.0% from previous year.
Overall, HIVE's operating profit margin has been volatile but showed a downward trend over the past 4 years.
Formula: Operating Profit Margin = Operating Income / Revenue
Good Range: Often 10%-30% depending on business model.