Ocuphire Pharma
OCUP
#9024
Rank
C$47.26 M
Marketcap
$1.80
Share price
1.53%
Change (1 day)
-66.12%
Change (1 year)

Operating Margin for Ocuphire Pharma (OCUP)

Operating Margin as of September 2024 (TTM): -85.67%

According to Ocuphire Pharma's latest financial reports and stock price the company's current Operating Margin is -85.67%. At the end of 2023 the company had an Operating Margin of -52.36%.

Operating Margin history for Ocuphire Pharma from 2023 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-52.36%-214.63%
202245.68%-100.47%
2021-9,625.30%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-8,391.15% 9,694.74%๐Ÿ‡บ๐Ÿ‡ธ USA
-34.14%-60.15%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.