According to Cue Health's latest financial reports and stock price the company's current Operating Margin is -572.24%. At the end of 2023 the company had an Operating Margin of -574.05%.
Year | Operating Margin | Change |
---|---|---|
2023 | -574.05% | 1235.57% |
2022 | -42.98% | -322.09% |
2021 | 19.35% | -106.29% |
2020 | -307.66% | -1.07% |
2019 | -310.99% |
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.