Latest profit margin for Getaround: -119.75% — see history and peer comparisons.
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+ FollowAs of Sep 2024
Trailing 12 months ending Sep 2024
Getaround (GETR) currently reports a profit margin of -119.75% as of September 2024. That compares with -169.52% in the prior-year period — up 29.4% year over year. That is below the sector sector average of 13.23%. Use the charts on this page to explore Getaround's profit margin history and peer comparisons.
Getaround's profit margin increased from -169.52% to -119.75% — a 29.4% year-over-year increase (period ending September 2024). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.
Getaround's profit margin of -119.75% is lower than the its sector sector average of 13.23%. That is roughly 1005.4% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
There is no universal 'good' profit margin, but Getaround's current -119.75% should be judged against industry norms (sector average: 13.23%) and against GETR's own history. Strong, stable readings often indicate durable competitive advantage; volatile or declining ones deserve a closer look at margins and capital efficiency.
Start with the current profit margin of -119.75%, then check the historical chart for trend and the peer comparison chart for relative positioning. The sector average is 13.23%. From there, open related valuation or income-statement pages for Getaround, and consider following GETR for alerts when major investors trade the stock.