According to Danimer Scientific's latest financial reports and stock price the company's current Operating Margin is -218.28%. At the end of 2023 the company had an Operating Margin of -332.35%.
Year | Operating Margin | Change |
---|---|---|
2023 | -332.35% | -2.05% |
2022 | -339.30% | 171.8% |
2021 | -124.84% | 567.44% |
2020 | -18.70% | -60.79% |
2019 | -47.70% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
![]() | 9.62% | -104.41% | ๐บ๐ธ USA |
![]() | 1.61% | -100.74% | ๐บ๐ธ USA |
![]() | -11.67% | -94.65% | ๐บ๐ธ USA |
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.