Treace Medical Concepts
TMCI
#6710
Rank
C$0.69 B
Marketcap
$11.09
Share price
-0.50%
Change (1 day)
-5.97%
Change (1 year)
Categories

Operating Margin for Treace Medical Concepts (TMCI)

Operating Margin as of November 2024 (TTM): -29.44%

According to Treace Medical Concepts's latest financial reports and stock price the company's current Operating Margin is -29.44%. At the end of 2023 the company had an Operating Margin of -26.47%.

Operating Margin history for Treace Medical Concepts from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-26.47%-12.32%
2022-30.19%38.68%
2021-21.77%240.42%
2020-6.39%-40.91%
2019-10.82%

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.