Galmed Pharmaceuticals
GLMD
#8306
Rank
$2.4 M
Marketcap
$0.40
Share price
10.68%
Change (1 day)
25.00%
Change (1 year)

Operating Margin for Galmed Pharmaceuticals (GLMD)

Operating Margin as of April 2024 (TTM): -479.93%

According to Galmed Pharmaceuticals 's latest financial reports and stock price the company's current Operating Margin is -479.93%. At the end of 2018 the company had an Operating Margin of -479.93%.

Operating Margin history for Galmed Pharmaceuticals from 2017 to 2018

Operating Margin at the end of each year

Year Operating Margin Change
2018-479.93%-57.66%
2017-1,133.55%-68.58%
2016-3,607.49%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-307.90%-35.84%๐Ÿ‡บ๐Ÿ‡ธ USA
-129.15%-73.09%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
-10.86%-97.74%๐Ÿ‡บ๐Ÿ‡ธ USA
4.60%-100.96%๐Ÿ‡บ๐Ÿ‡ธ USA

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.