Bio-Techne
TECH
$68.43
Share price
-1.33%
Change (1 day)
-30.14%
Change (1 year)
Categories
Bio-Techne Corporation is an American holding company for biotechnology and clinical diagnostic brands. The company's brands portfolio includes R&D Systems, Novus Biologicals, Tocris Bioscience, ProteinSimple, Exosome Diagnostics, BiosPacific, Cliniqa, Advanced Cell Diagnostics, RNA Medical, Bionostics and BostonBiochem.
Operating Margin for Bio-Techne (TECH)
Operating Margin as of September 2023 (TTM): 27.25%
According to Bio-Techne's latest financial reports and stock price the company's current Operating Margin is 27.25%. At the end of 2022 the company had an Operating Margin of 27.26%.
Operating Margin history for Bio-Techne from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 27.26% | 71.28% |
| 2021 | 15.92% | -57.48% |
| 2020 | 37.43% | 138.57% |
| 2019 | 15.69% | -19.91% |
| 2018 | 19.59% | -2.54% |
| 2017 | 20.10% | -31.99% |
| 2016 | 29.55% | -13.3% |
| 2015 | 34.09% | -24.44% |
| 2014 | 45.11% | -12.8% |
| 2013 | 51.73% | 0.33% |
| 2012 | 51.56% | -9.38% |
| 2011 | 56.90% | -2.15% |
| 2010 | 58.15% | -1.21% |
| 2009 | 58.86% | -1.5% |
| 2008 | 59.76% | 3.58% |
| 2007 | 57.69% | 5.16% |
| 2006 | 54.86% | -1.87% |
| 2005 | 55.91% | 9.23% |
| 2004 | 51.19% | 6.71% |
| 2003 | 47.97% | 66.39% |
| 2002 | 28.83% | -30.44% |
| 2001 | 41.44% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Thermo Fisher Scientific TMO | 14.17% | -48.00% | 🇺🇸 USA |
 Becton Dickinson BDX | 9.46% | -65.28% | 🇺🇸 USA |
 General Electric GE | -1.37% | -105.03% | 🇺🇸 USA |
 Danaher DHR | 26.34% | -3.34% | 🇺🇸 USA |
 Qiagen QGEN | 23.93% | -12.18% | 🇳🇱 Netherlands |
 Enzo Biochem ENZ | -43.44% | -259.41% | 🇺🇸 USA |
 Bio-Rad Laboratories BIO | -19.26% | -170.68% | 🇺🇸 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.