23andMe
ME
$0.46
Share price
1.11%
Change (1 day)
-75.18%
Change (1 year)
Categories
Operating Margin for 23andMe (ME)
Operating Margin as of April 2024 (TTM): -103.74%
According to 23andMe's latest financial reports and stock price the company's current Operating Margin is -103.74%. At the end of 2022 the company had an Operating Margin of -93.48%.
Operating Margin history for 23andMe from 2021 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -93.48% | 23.12% |
| 2021 | -75.92% | 8.5% |
| 2020 | -69.98% |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.