According to enVVeno Medical Corporation's latest financial reports and stock price the company's current Operating Margin is -24,406.70%. At the end of 2019 the company had an Operating Margin of -24,406.74%.
Year | Operating Margin | Change |
---|---|---|
2019 | -24,406.74% | 249.09% |
2018 | -6,991.46% | 278.77% |
2017 | -1,845.83% | 159.59% |
2016 | -711.05% |
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.