Gyre Therapeutics
GYRE
#5021
Rank
ยฃ0.99 B
Marketcap
ยฃ10.69
Share price
-2.09%
Change (1 day)
59.41%
Change (1 year)

Operating Margin for Gyre Therapeutics (GYRE)

Operating Margin as of September 2024 (TTM): 16.93%

According to Gyre Therapeutics's latest financial reports and stock price the company's current Operating Margin is 16.93%. At the end of 2023 the company had an Operating Margin of 16.94%.

Operating Margin history for Gyre Therapeutics from 2022 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202316.94%88.23%
20229.00%-72.89%
202133.18%

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.