10x Genomics
TXG
#4404
Rank
C$2.63 B
Marketcap
$21.75
Share price
-3.28%
Change (1 day)
-55.57%
Change (1 year)

Operating Margin for 10x Genomics (TXG)

Operating Margin as of November 2024 (TTM): -27.93%

According to 10x Genomics 's latest financial reports and stock price the company's current Operating Margin is -27.93%. At the end of 2023 the company had an Operating Margin of -40.20%.

Operating Margin history for 10x Genomics from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-40.20%28.55%
2022-31.27%190.24%
2021-10.77%-93.96%
2020-178.28%1468.25%
2019-11.37%-84.88%
2018-75.17%198.03%
2017-25.22%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-19.81%-29.07% Jersey
-97.60% 249.45%๐Ÿ‡บ๐Ÿ‡ธ USA
-9,470.94% 33,809.56%๐Ÿ‡บ๐Ÿ‡ธ USA
-129.00% 361.87%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.