Gritstone bio
GRTS
#8874
Rank
C$96.95 M
Marketcap
$0.79
Share price
-4.18%
Change (1 day)
-66.35%
Change (1 year)

Operating Margin for Gritstone bio (GRTS)

Operating Margin as of October 2024 (TTM): -25,851.60%

According to Gritstone bio's latest financial reports and stock price the company's current Operating Margin is -25,851.60%. At the end of 2023 the company had an Operating Margin of -10,404.96%.

Operating Margin history for Gritstone bio from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-10,404.96%705.8%
2022-1,291.26%703.44%
2021-160.72%-94.72%
2020-3,042.00%40.61%
2019-2,163.41%-60.36%
2018-5,457.03%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
0.00%N/A๐Ÿ‡บ๐Ÿ‡ธ USA

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.