Avidity Biosciences
RNA
#3167
Rank
$3.79 B
Marketcap
$31.82
Share price
2.48%
Change (1 day)
250.44%
Change (1 year)

Operating Margin for Avidity Biosciences (RNA)

Operating Margin as of December 2024 (TTM): -2,772.45%

According to Avidity Biosciences's latest financial reports and stock price the company's current Operating Margin is -2,772.45%. At the end of 2022 the company had an Operating Margin of -1,886.33%.

Operating Margin history for Avidity Biosciences from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-1,886.33%49.07%
2021-1,265.38%93.62%
2020-653.53%-38.73%
2019-1,066.58%-63.96%
2018-2,959.37%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-47.23%-98.30%๐Ÿ‡บ๐Ÿ‡ธ USA
-84.50%-96.95%๐Ÿ‡บ๐Ÿ‡ธ USA
7.88%-100.28%๐Ÿ‡บ๐Ÿ‡ธ USA
40.99%-101.48%๐Ÿ‡บ๐Ÿ‡ธ USA
-1,462.05%-47.27%๐Ÿ‡บ๐Ÿ‡ธ USA
-226.57%-91.83%๐Ÿ‡บ๐Ÿ‡ธ USA
1.80%-100.06%๐Ÿ‡บ๐Ÿ‡ธ USA
10.36%-100.37%๐Ÿ‡ฌ๐Ÿ‡ง UK

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.