Cartesian Therapeutics
RNAC
#7076
Rank
C$0.49 B
Marketcap
$21.87
Share price
-5.18%
Change (1 day)
-48.43%
Change (1 year)

Operating Margin for Cartesian Therapeutics (RNAC)

Operating Margin as of October 2024 (TTM): -457.23%

According to Cartesian Therapeutics's latest financial reports and stock price the company's current Operating Margin is -457.23%. At the end of 2023 the company had an Operating Margin of -917.97%.

Operating Margin history for Cartesian Therapeutics from 2015 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-917.97%-3024.66%
202231.39%-374.7%
2021-11.43%-97.25%
2020-414.99%-49.94%
2019-828.97%-88.54%
2018-7,235.44%-77.07%
2017-31,556.04%6944.12%
2016-447.98%6.97%
2015-418.80%-1.15%
2014-423.68%

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.