908 Devices
MASS
$6.01
Share price
6.00%
Change (1 day)
3.98%
Change (1 year)
Categories
Operating Margin for 908 Devices (MASS)
Operating Margin as of May 2024 (TTM): -71.63%
According to 908 Devices's latest financial reports and stock price the company's current Operating Margin is -71.63%. At the end of 2021 the company had an Operating Margin of -52.53%.
Operating Margin history for 908 Devices from 2020 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -52.53% | 10.2% |
| 2020 | -47.66% | -35.94% |
| 2019 | -74.41% | 117.76% |
| 2018 | -34.17% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 PerkinElmer
PKI | 14.13% | -119.73% | 🇺🇸 USA |
 Quanterix QTRX | -68.36% | -4.57% | 🇺🇸 USA |
 Precipio PRPO | -96.24% | 34.36% | 🇺🇸 USA |
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.