IGM Biosciences
IGMS
#5750
Rank
ยฃ0.65 B
Marketcap
ยฃ11.05
Share price
-12.33%
Change (1 day)
85.35%
Change (1 year)

Operating Margin for IGM Biosciences (IGMS)

Operating Margin as of October 2024 (TTM): -8,144.69%

According to IGM Biosciences's latest financial reports and stock price the company's current Operating Margin is -8,144.69%. At the end of 2023 the company had an Operating Margin of -11,537.00%.

Operating Margin history for IGM Biosciences from 2023 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-11,537.00%-44.22%
2022-20,683.07%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
0.00%N/A๐Ÿ‡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.