MeiraGTx
MGTX
#6361
Rank
ยฃ0.48 B
Marketcap
ยฃ6.20
Share price
25.20%
Change (1 day)
30.61%
Change (1 year)

Operating Margin for MeiraGTx (MGTX)

Operating Margin as of March 2025 (TTM): -537.49%

According to MeiraGTx's latest financial reports and stock price the company's current Operating Margin is -537.49%. At the end of 2023 the company had an Operating Margin of -599.46%.

Operating Margin history for MeiraGTx from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-599.46%-26.37%
2022-814.16%285.8%
2021-211.03%-43.37%
2020-372.63%-9.53%
2019-411.87%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-21.67%-95.97% Jersey
-25.89%-95.18%๐Ÿ‡บ๐Ÿ‡ธ USA
-10,150.00% 1,788.41%๐Ÿ‡บ๐Ÿ‡ธ USA
-129.00%-76.00%๐Ÿ‡ฌ๐Ÿ‡ง UK

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.