According to Ginkgo Bioworks 's latest financial reports and stock price the company's current Operating Margin is -318.68%. At the end of 2023 the company had an Operating Margin of -355.11%.
Year | Operating Margin | Change |
---|---|---|
2023 | -355.11% | -20.03% |
2022 | -444.08% | -24.18% |
2021 | -585.69% | 259.66% |
2020 | -162.85% | -26.37% |
2019 | -221.16% |
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.