Canoo Operating Margin from 2010 to 2024

GOEV Stock  USD 0.36  0.01  2.70%   
Canoo Operating Profit Margin yearly trend continues to be fairly stable with very little volatility. Operating Profit Margin will likely drop to -365 in 2024.
Check Canoo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canoo's main balance sheet or income statement drivers, such as Interest Expense of 7 M, Tax Provision of 0.0 or Depreciation And Amortization of 11.2 M, as well as many indicators such as Price To Sales Ratio of 183, Dividend Yield of 0.0 or PTB Ratio of 0.56. Canoo financial statements analysis is a perfect complement when working with Canoo Valuation or Volatility modules.
  
Check out the analysis of Canoo Correlation against competitors.

Latest Canoo's Operating Margin Growth Pattern

Below is the plot of the Operating Profit Margin of Canoo Inc over the last few years. It is Canoo's Operating Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Canoo's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (48.41) %10 Years Trend
Slightly volatile
   Operating Profit Margin   
       Timeline  

Canoo Operating Margin Regression Statistics

Arithmetic Mean(136.86)
Coefficient Of Variation(78.87)
Mean Deviation85.85
Median(78.32)
Standard Deviation107.93
Sample Variance11,649
Range287
R-Value(0.76)
Mean Square Error5,302
R-Squared0.58
Significance0
Slope(18.34)
Total Sum of Squares163,092

Canoo Operating Margin History

2024 -365.0
2023 -347.62
2022 -302.28
2021 -176.43

About Canoo Financial Statements

Canoo investors use historical fundamental indicators, such as Canoo's Operating Margin, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Canoo. Please read more on our technical analysis and fundamental analysis pages.
Canoo Inc., a mobility technology company, designs, engineers, develops, and manufactures electric vehicles for commercial and consumer markets in the United States. Canoo Inc. was founded in 2017 and is headquartered in Torrance, California. Canoo operates under Auto Manufacturers classification in the United States and is traded on NASDAQ Exchange. It employs 805 people.

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Additional Tools for Canoo Stock Analysis

When running Canoo's price analysis, check to measure Canoo's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canoo is operating at the current time. Most of Canoo's value examination focuses on studying past and present price action to predict the probability of Canoo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canoo's price. Additionally, you may evaluate how the addition of Canoo to your portfolios can decrease your overall portfolio volatility.