Gritstone bio
GRTS
$0.75
Share price
4.76%
Change (1 day)
-69.63%
Change (1 year)
Categories
Operating Margin for Gritstone bio (GRTS)
Operating Margin as of June 2024 (TTM): -1,280.09%
According to Gritstone bio's latest financial reports and stock price the company's current Operating Margin is -1,280.09%. At the end of 2021 the company had an Operating Margin of -160.72%.
Operating Margin history for Gritstone bio from 2019 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -160.72% | -93.84% |
| 2020 | -2,608.72% | 20.58% |
| 2019 | -2,163.41% | -60.36% |
| 2018 | -5,457.03% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 ORIC Pharmaceuticals
ORIC | 0.00% | N/A | 🇺🇸 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.