According to Sonendo's latest financial reports and stock price the company's current Operating Margin is -95.02%. At the end of 2023 the company had an Operating Margin of -138.87%.
Year | Operating Margin | Change |
---|---|---|
2023 | -138.87% | 1.4% |
2022 | -136.95% | -6.26% |
2021 | -146.09% | -26.89% |
2020 | -199.83% | 40.79% |
2019 | -141.93% |
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.