Elutia
ELUT
#8219
Rank
C$0.18 B
Marketcap
$5.43
Share price
4.44%
Change (1 day)
150.16%
Change (1 year)
Categories

Operating Margin for Elutia (ELUT)

Operating Margin as of September 2024 (TTM): -258.35%

According to Elutia's latest financial reports and stock price the company's current Operating Margin is -258.35%. At the end of 2023 the company had an Operating Margin of -166.58%.

Operating Margin history for Elutia from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-166.58%9.9%
2022-151.57%189.9%
2021-52.28%2.37%
2020-51.07%83.99%
2019-27.76%-6.09%
2018-29.56%

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.