According to Profound Medical's latest financial reports and stock price the company's current Operating Margin is -398.62%. At the end of 2023 the company had an Operating Margin of -398.62%.
Year | Operating Margin | Change |
---|---|---|
2023 | -398.62% | -6.17% |
2022 | -424.82% | -4.56% |
2021 | -445.13% | 50.68% |
2020 | -295.41% | -18.21% |
2019 | -361.16% | -54.23% |
2018 | -789.01% | 106.41% |
2017 | -382.26% |
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.