Elanco
ELAN
$13.04
Share price
-2.03%
Change (1 day)
28.22%
Change (1 year)
Categories
Operating Margin for Elanco (ELAN)
Operating Margin as of April 2024 (TTM): -2.33%
According to Elanco's latest financial reports and stock price the company's current Operating Margin is -2.33%. At the end of 2022 the company had an Operating Margin of -1.49%.
Operating Margin history for Elanco from 2018 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -1.49% | -87.45% |
| 2021 | -11.90% | -42.04% |
| 2020 | -20.53% | -906.23% |
| 2019 | 2.55% | -31.56% |
| 2018 | 3.72% | -146.21% |
| 2017 | -8.05% | 947.2% |
| 2016 | -0.77% | -91.38% |
| 2015 | -8.92% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 OPKO Health
OPK | -36.36% | 1,460.52% | 🇺🇸 USA |
 Onconova Therapeutics ONTX | -8,391.15% | 360,035.19% | 🇺🇸 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.