Optomed
OPTOMED.HE
#8843
Rank
C$0.12 B
Marketcap
$6.38
Share price
1.18%
Change (1 day)
30.97%
Change (1 year)
Categories

Operating Margin for Optomed (OPTOMED.HE)

Operating Margin as of November 2024 (TTM): -33.46%

According to Optomed's latest financial reports and stock price the company's current Operating Margin is -33.46%. At the end of 2023 the company had an Operating Margin of -29.93%.

Operating Margin history for Optomed from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-29.93%-20.96%
2022-37.86%29.95%
2021-29.14%16.76%
2020-24.96%26.61%
2019-19.71%92.61%
2018-10.23%-75.57%
2017-41.89%0.24%
2016-41.79%

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.