Co-Diagnostics
CODX
$1.27
Share price
0.48%
Change (1 day)
-8.25%
Change (1 year)
Categories
Operating Margin for Co-Diagnostics (CODX)
Operating Margin as of May 2024 (TTM): -33.87%
According to Co-Diagnostics 's latest financial reports and stock price the company's current Operating Margin is -33.87%. At the end of 2021 the company had an Operating Margin of 46.62%.
Operating Margin history for Co-Diagnostics from 2018 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 46.62% | -18.35% |
| 2020 | 57.10% | -101.98% |
| 2019 | -2,882.00% | -81.66% |
| 2018 | -15,714.27% | -82.7% |
| 2017 | -90,827.88% | |
| 2015 | -20,431.68% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 PAVmed
PAVM | -13,857.60% | 40,814.08% | 🇺🇸 USA |
 Philips PHG | -9.70% | -71.36% | 🇳🇱 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.