According to AbCellera 's latest financial reports and stock price the company's current Operating Margin is -22.01%. At the end of 2022 the company had an Operating Margin of 50.09%.
Year | Operating Margin | Change |
---|---|---|
2022 | 50.09% | -16.24% |
2021 | 59.80% | -15.16% |
2020 | 70.49% | -508.92% |
2019 | -17.24% | -392.17% |
2018 | 5.90% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
ORIC Pharmaceuticals
ORIC | 0.00% | N/A | ๐บ๐ธ USA |
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.