According to Xlife Sciences's latest financial reports and stock price the company's current Operating Margin is 0.00%. At the end of 2023 the company had an Operating Margin of 458.70%.
Year | Operating Margin | Change |
---|---|---|
2023 | 458.70% | 16.74% |
2022 | 392.91% | -94.05% |
2021 | 6,599.31% | 23.54% |
2020 | 5,341.74% | 2563.07% |
2019 | 200.59% |
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.