Absci
ABSI
#6906
Rank
โ‚น34.48 B
Marketcap
โ‚น303.70
Share price
-5.24%
Change (1 day)
183.52%
Change (1 year)

Operating Margin for Absci (ABSI)

Operating Margin as of October 2024 (TTM): -2,812.64%

According to Absci's latest financial reports and stock price the company's current Operating Margin is -2,812.64%. At the end of 2022 the company had an Operating Margin of -1,833.39%.

Operating Margin history for Absci from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-1,833.39%-20.2%
2021-2,297.34%665.09%
2020-300.27%-6.05%
2019-319.61%

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.