Chembio Diagnostics
CEMI
#7815
Rank
$16.71 M
Marketcap
$0.46
Share price
0.22%
Change (1 day)
-56.25%
Change (1 year)

Operating Margin for Chembio Diagnostics (CEMI)

Operating Margin as of February 2024 (TTM): -91.98%

According to Chembio Diagnostics's latest financial reports and stock price the company's current Operating Margin is -91.98%. At the end of 2021 the company had an Operating Margin of -91.98%.

Operating Margin history for Chembio Diagnostics from 2005 to 2004

Operating Margin at the end of each year

Year Operating Margin Change
2021-91.98%7.82%
2020-85.31%107.41%
2019-41.13%73.22%
2018-23.75%-11.73%
2017-26.90%-36.3%
2016-42.23%187.96%
2015-14.67%161.56%
2014-5.61%-262.8%
20133.44%-39.19%
20125.66%2.09%
20115.55%-63.79%
201015.32%585.76%
20092.23%-112.67%
2008-17.64%-38.02%
2007-28.46%-62.95%
2006-76.82%-6.91%
2005-82.52%-12.09%
2004-93.87%
2001-481.55%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-55.09%-40.11%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
2.15%-102.34%๐Ÿ‡บ๐Ÿ‡ธ USA
-4.25%-95.38%๐Ÿ‡บ๐Ÿ‡ธ USA
-19.26%-79.06%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.