Hall Of Fame Resort &Amp; Entertainment Warrant(Hofvw) Financials: Operating Profit Margin Compared To Industry Average, Plus Other Key Ratios
Company Report for HOFVW
Report - operating profit margin
This chart shows the historical trend of operating profit margin for HOFVW 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', HOFVW's operating profit margin was -321.6%, highlighting profit earned from core business operations. Industry average for Services-Misc. Amusement & Recreation in '2021' stood at -46.2%.
• In '2022', HOFVW's operating profit margin was -237.8%, highlighting profit earned from core business operations. The increase since '2021' reflects strengthening financial performance. Industry average for Services-Misc. Amusement & Recreation in '2022' stood at -42.6%. Industry average increased by 3.5% compared to previous year.
• In '2023', HOFVW's operating profit margin was -168.3%, highlighting profit earned from core business operations. The increase since '2022' reflects strengthening financial performance. Industry average for Services-Misc. Amusement & Recreation in '2023' stood at -40.7%. Industry average increased by 1.9% compared to previous year.
• In '2024', HOFVW's operating profit margin was -93.9%, highlighting profit earned from core business operations. The increase since '2023' reflects strengthening financial performance. Industry average for Services-Misc. Amusement & Recreation in '2024' stood at -29.6%. Industry average increased by 11.2% compared to previous year.
Overall, HOFVW's operating profit margin has been volatile but showed an upward trend over the past 4 years.
Formula: Operating Profit Margin = Operating Income / Revenue
Good Range: Often 10%-30% depending on business model.