Absci
ABSI
$5.14
Share price
4.05%
Change (1 day)
261.97%
Change (1 year)
Categories
Operating Margin for Absci (ABSI)
Operating Margin as of May 2024 (TTM): -1,816.47%
According to Absci's latest financial reports and stock price the company's current Operating Margin is -1,816.47%. At the end of 2021 the company had an Operating Margin of -2,297.34%.
Operating Margin history for Absci from 2020 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -2,297.34% | 665.09% |
| 2020 | -300.27% | -6.05% |
| 2019 | -319.61% |
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.