Veracyte
VCYT
#3588
Rank
ยฃ2.39 B
Marketcap
ยฃ30.90
Share price
-0.66%
Change (1 day)
48.43%
Change (1 year)

Operating Margin for Veracyte (VCYT)

Operating Margin as of November 2024 (TTM): -13.71%

According to Veracyte's latest financial reports and stock price the company's current Operating Margin is -13.71%. 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%-41.14%๐Ÿ‡บ๐Ÿ‡ธ USA
-124.57% 808.61%๐Ÿ‡บ๐Ÿ‡ธ USA
-20.72% 51.13%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.