Cango Operating Margin Growth & History (CANG)

Cango's operating margin was 22.24% for fiscal 2024.

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Cango annual operating margin history

Cango annual operating margin

Fiscal yearPeriod endedOperating marginChange (percentage points)
20242024-12-3122.24%+26.57 pp
20232023-12-31−4.33%+43.49 pp
20222022-12-31−47.82%−47.23 pp
20212021-12-31−0.59%−16.10 pp
20202020-12-3115.51%−6.94 pp
20192019-12-3122.45%−2.90 pp
20182018-12-3125.35%−19.32 pp
20172017-12-3144.67%+2.21 pp
20162016-12-3142.46%

Cango operating margin trends

Over the last five reported fiscal years, Cango's operating margin decreased from 22.45% to 22.24%, a change of −0.21 percentage points.

About the metric

What operating margin means

Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.

Calculation and source

How operating margin is calculated

TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review Cango filings at SEC.gov ↗