Adagene
ADAG
#9164
Rank
C$0.12 B
Marketcap
$2.84
Share price
1.03%
Change (1 day)
-25.40%
Change (1 year)

Operating Margin for Adagene (ADAG)

Operating Margin at the end of 2023: -95.27%

According to Adagene's latest financial reports and stock price the company's current Operating Margin is -95.27%. At the end of 2023 the company had an Operating Margin of -95.27%.

Operating Margin history for Adagene from 2018 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2023-95.27%-88.87%
2022-855.65%21.81%
2021-702.45%-88.39%
2020-6,048.86%76.69%
2019-3,423.40%238.88%
2018-1,010.22%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-21.67%-77.25% Jersey
-25.89%-72.82%๐Ÿ‡บ๐Ÿ‡ธ USA
-10,150.00% 10,553.93%๐Ÿ‡บ๐Ÿ‡ธ USA
-129.00% 35.40%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.