Doximity
DOCS
$23.59
Share price
-1.34%
Change (1 day)
-32.06%
Change (1 year)
Operating Margin for Doximity (DOCS)
Operating Margin as of April 2024 (TTM): 30.46%
According to Doximity's latest financial reports and stock price the company's current Operating Margin is 30.46%. At the end of 2023 the company had an Operating Margin of 31.78%.
Operating Margin history for Doximity from 2021 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 31.78% | -4.25% |
| 2022 | 33.18% | 18.85% |
| 2021 | 27.92% | 38.2% |
| 2020 | 20.20% | 118.3% |
| 2019 | 9.25% |
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.