According to Elutia's latest financial reports and stock price the company's current Operating Margin is -202.43%. At the end of 2024 the company had an Operating Margin of -222.04%.
Year | Operating Margin | Change |
---|---|---|
2024 | -222.04% | 33.29% |
2023 | -166.58% | 9.9% |
2022 | -151.57% | 189.9% |
2021 | -52.28% | 2.37% |
2020 | -51.07% | 83.99% |
2019 | -27.76% | -6.09% |
2018 | -29.56% |
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.