According to Revolution Medicines 's latest financial reports and stock price the company's current Operating Margin is -1,385.99%. At the end of 2023 the company had an Operating Margin of -3,798.71%.
Year | Operating Margin | Change |
---|---|---|
2023 | -3,798.71% | 439.48% |
2022 | -704.14% | 10.61% |
2021 | -636.58% | 152.12% |
2020 | -252.50% | 142.81% |
2019 | -103.99% | -49.82% |
2018 | -207.24% |
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.