Cormedix
CRMD
#6576
Rank
$0.29 B
Marketcap
$5.37
Share price
-2.72%
Change (1 day)
8.92%
Change (1 year)

Operating Margin for Cormedix (CRMD)

Operating Margin as of May 2024 (TTM): -46,305.20%

According to Cormedix's latest financial reports and stock price the company's current Operating Margin is -46,305.20%. At the end of 2021 the company had an Operating Margin of -15,429.47%.

Operating Margin history for Cormedix from 2014 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
2021-15,429.47%35.72%
2020-11,368.54%49.83%
2019-7,587.87%21.55%
2018-6,242.40%-37.72%
2017-10,023.45%-8.85%
2016-10,996.46%27.05%
2015-8,655.37%-19.9%
2014-10,806.25%-97.63%
2013-456,426.69%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
9.46%-100.02%๐Ÿ‡บ๐Ÿ‡ธ USA
40.48%-100.09%๐Ÿ‡บ๐Ÿ‡ธ USA
17.53%-100.04%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.