GeneDx Holdings
WGS
#5319
Rank
โ‚ฌ0.98 B
Marketcap
36,46ย โ‚ฌ
Share price
-0.62%
Change (1 day)
922.97%
Change (1 year)

Operating Margin for GeneDx Holdings (WGS)

Operating Margin as of September 2024 (TTM): -44.53%

According to GeneDx Holdings's latest financial reports and stock price the company's current Operating Margin is -44.53%. At the end of 2023 the company had an Operating Margin of -87.23%.

Operating Margin history for GeneDx Holdings from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-87.23%-65.77%
2022-254.81%120.34%
2021-115.64%-14.07%
2020-134.58%788.84%
2019-15.14%

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.