Veracyte
VCYT
#3461
Rank
ยฃ2.52 B
Marketcap
ยฃ32.53
Share price
4.66%
Change (1 day)
47.33%
Change (1 year)

Operating Margin for Veracyte (VCYT)

Operating Margin as of December 2024 (TTM): -1.92%

According to Veracyte's latest financial reports and stock price the company's current Operating Margin is -1.92%. At the end of 2022 the company had an Operating Margin of -12.28%.

Operating Margin history for Veracyte from 2013 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-12.28%-66.97%
2021-37.20%25.18%
2020-29.71%183.88%
2019-10.47%-58.13%
2018-25.00%-41.99%
2017-43.09%-10.57%
2016-48.18%-29.24%
2015-68.08%-11.48%
2014-76.91%-34.2%
2013-116.89%-27.12%
2012-160.38%-70.63%
2011-546.12%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-8.07% 320.31%๐Ÿ‡บ๐Ÿ‡ธ USA
-124.57% 6,388.02%๐Ÿ‡บ๐Ÿ‡ธ USA
-20.72% 979.17%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.