XBiotech
XBIT
#7729
Rank
C$0.28 B
Marketcap
$9.21
Share price
-14.59%
Change (1 day)
52.95%
Change (1 year)

Operating Margin for XBiotech (XBIT)

Operating Margin as of September 2024 (TTM): -860.09%

According to XBiotech's latest financial reports and stock price the company's current Operating Margin is -860.09%. At the end of 2022 the company had an Operating Margin of -837.61%.

Operating Margin history for XBiotech from 2020 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
2022-837.61%505.19%
2021-138.40%374.73%
2020-29.15%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
73.09%-108.50%๐Ÿ‡บ๐Ÿ‡ธ USA
-1,180.38% 37.24%๐Ÿ‡บ๐Ÿ‡ธ USA
-1,542.30% 79.32%๐Ÿ‡ณ๐Ÿ‡ฑ Netherlands

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.