Axonics Modulation Tech
AXNX
$67.23
Share price
-0.25%
Change (1 day)
33.74%
Change (1 year)
Operating Margin for Axonics Modulation Tech (AXNX)
Operating Margin as of June 2024 (TTM): -10.73%
According to Axonics Modulation Tech's latest financial reports and stock price the company's current Operating Margin is -10.73%. At the end of 2022 the company had an Operating Margin of -22.77%.
Operating Margin history for Axonics Modulation Tech from 2018 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -22.77% | -48.23% |
| 2021 | -43.98% | -10.68% |
| 2020 | -49.23% | -91.49% |
| 2019 | -578.39% | -87.41% |
| 2018 | -4,594.34% | -67.41% |
| 2017 | -14,097.05% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 PAVmed
PAVM | -13,857.60% | 129,048.18% | 🇺🇸 USA |
 Philips PHG | -9.70% | -9.60% | 🇳🇱 Netherlands |
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.