908 Devices
MASS
#8511
Rank
ยฃ95.75 M
Marketcap
ยฃ2.76
Share price
-1.92%
Change (1 day)
-35.67%
Change (1 year)
Categories

Operating Margin for 908 Devices (MASS)

Operating Margin as of November 2024 (TTM): -72.53%

According to 908 Devices's latest financial reports and stock price the company's current Operating Margin is -72.53%. At the end of 2023 the company had an Operating Margin of -72.89%.

Operating Margin history for 908 Devices from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-72.89%1.74%
2022-71.64%36.38%
2021-52.53%10.2%
2020-47.66%-35.94%
2019-74.41%117.76%
2018-34.17%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-129.38% 78.38%๐Ÿ‡บ๐Ÿ‡ธ USA
-43.94%-39.42%๐Ÿ‡บ๐Ÿ‡ธ USA
14.13%-119.48%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.