Smartsheet (SMAR) has a profit margin of -0.8%, below the Technology sector average of 37.3%.
Get informed when a big investor buys or sells
+ FollowAs of Oct 2024
Trailing 12 months ending Oct 2024
The latest profit margin for SMAR is -0.8% as of October 2024. That compares with -15.15% in the prior-year period — up 94.7% year over year. That is below the Technology sector average of 37.3%. Investors often review this figure alongside Smartsheet's historical trend and sector peers before judging valuation or financial health.
Over the past year, SMAR's profit margin moved from -15.15% to -0.8% — a 94.7% year-over-year increase. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Smartsheet's valuation or profitability profile.
Against Technology companies, SMAR currently prints -0.8% for profit margin, while the sector average sits near 37.3%. That is roughly 102.1% below the sector mean. Large gaps often invite a closer look at Smartsheet's growth, margins, and balance sheet.
Profit Margin shows how effectively Smartsheet converts resources into returns. At -0.8%, SMAR may look efficient or underperforming depending on peer benchmarks and trend direction. That compares with -15.15% in the prior-year period — up 94.7% year over year. Pair the percentage with revenue growth and leverage for a fuller health check.
After noting SMAR's profit margin (-0.8%), review year-over-year change from -15.15%, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.