Orchestra BioMed
OBIO
#7949
Rank
โ‚ฌ0.17 B
Marketcap
4,53ย โ‚ฌ
Share price
3.93%
Change (1 day)
-45.00%
Change (1 year)

Operating Margin for Orchestra BioMed (OBIO)

Operating Margin as of September 2024 (TTM): -2,803.60%

According to Orchestra BioMed 's latest financial reports and stock price the company's current Operating Margin is -2,803.60%. At the end of 2021 the company had an Operating Margin of -2,824.42%.

Operating Margin history for Orchestra BioMed from 2022 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2021-2,824.42%758.99%
2020-328.81%

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.