According to Clarivate's latest financial reports and stock price the company's current Operating Margin is -49.79%. At the end of 2023 the company had an Operating Margin of -38.52%.
Year | Operating Margin | Change |
---|---|---|
2023 | -38.52% | -74.32% |
2022 | -149.98% | 990.21% |
2021 | -13.76% | -51.17% |
2020 | -28.17% | 10.49% |
2019 | -25.50% | 4.41% |
2018 | -24.42% | -21.43% |
2017 | -31.08% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
-19.92% | -59.99% | ๐บ๐ธ USA | |
-16.19% | -67.48% | ๐บ๐ธ USA |
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.