Ocean Power Technologies
OPTT
#9226
Rank
C$0.10 B
Marketcap
$0.69
Share price
5.23%
Change (1 day)
57.34%
Change (1 year)

Operating Margin for Ocean Power Technologies (OPTT)

Operating Margin as of December 2024 (TTM): -973.79%

According to Ocean Power Technologies 's latest financial reports and stock price the company's current Operating Margin is -973.79%. At the end of 2023 the company had an Operating Margin of -973.79%.

Operating Margin history for Ocean Power Technologies from 2005 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-973.79%-17.24%
2022-1,176.63%-3.86%
2021-1,223.88%83.03%
2020-668.67%-67.73%
2019-2,072.15%-6.1%
2018-2,206.65%82.66%
2017-1,208.07%-42.29%
2016-2,093.33%498.41%
2015-349.82%-59.47%
2014-863.10%91.76%
2013-450.10%59.01%
2012-283.06%-9.04%
2011-311.20%-17.02%
2010-375.04%-18.75%
2009-461.60%50.29%
2008-307.14%-19.34%
2007-380.78%-7.86%
2006-413.28%4741.64%
2005-8.54%-86.44%
2004-62.96%65.91%
2003-37.95%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-25.49%-97.38%๐Ÿ‡บ๐Ÿ‡ธ USA
2.19%-100.22%๐Ÿ‡บ๐Ÿ‡ธ USA
14.99%-101.54%๐Ÿ‡บ๐Ÿ‡ธ USA
11.00%-101.13%๐Ÿ‡บ๐Ÿ‡ธ USA
15.09%-101.55%๐Ÿ‡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.