TELA Bio
TELA
#8973
Rank
A$92.85 M
Marketcap
$3.76
Share price
-0.99%
Change (1 day)
-67.84%
Change (1 year)
Categories

Operating Margin for TELA Bio (TELA)

Operating Margin as of October 2024 (TTM): -56.78%

According to TELA Bio's latest financial reports and stock price the company's current Operating Margin is -56.78%. At the end of 2022 the company had an Operating Margin of -106.95%.

Operating Margin history for TELA Bio from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-106.95%-5.31%
2021-112.94%-28.56%
2020-158.10%8.89%
2019-145.18%-43.05%
2018-254.92%-49.28%
2017-502.57%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-6.36%-88.80%๐Ÿ‡บ๐Ÿ‡ธ USA
8.91%-115.69%๐Ÿ‡บ๐Ÿ‡ธ 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.