Tactile Medical
TCMD
#6948
Rank
C$0.59 B
Marketcap
$24.95
Share price
11.98%
Change (1 day)
35.30%
Change (1 year)
Categories

Operating Margin for Tactile Medical (TCMD)

Operating Margin as of November 2024 (TTM): 7.15%

According to Tactile Medical's latest financial reports and stock price the company's current Operating Margin is 7.15%. At the end of 2023 the company had an Operating Margin of 5.75%.

Operating Margin history for Tactile Medical from 2015 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20235.75%-191.65%
2022-6.27%468.9%
2021-1.10%-8.79%
2020-1.21%-120.57%
20195.87%142.88%
20182.42%-36.93%
20173.83%-24.79%
20165.10%-1.59%
20155.18%-34.84%
20147.95%23.97%
20136.41%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-9.23%-229.09%๐Ÿ‡บ๐Ÿ‡ธ USA
8.91% 24.62%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.