Tango Therapeutics
TNGX
#5863
Rank
HK$6.23 B
Marketcap
HK$58.23
Share price
1.49%
Change (1 day)
-33.97%
Change (1 year)

Operating Margin for Tango Therapeutics (TNGX)

Operating Margin as of September 2024 (TTM): -311.57%

According to Tango Therapeutics's latest financial reports and stock price the company's current Operating Margin is -311.57%. At the end of 2023 the company had an Operating Margin of -278.18%.

Operating Margin history for Tango Therapeutics from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-278.18%-36.04%
2022-434.92%178.04%
2021-156.43%-76.96%
2020-678.84%

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.