iRhythm (ZIO)
IRTC
#4140
Rank
โ‚น185.93 B
Marketcap
โ‚น5,953
Share price
-4.42%
Change (1 day)
-22.16%
Change (1 year)

Operating Margin for iRhythm (ZIO) (IRTC)

Operating Margin as of October 2024 (TTM): -25.19%

According to iRhythm (ZIO)'s latest financial reports and stock price the company's current Operating Margin is -25.19%. At the end of 2023 the company had an Operating Margin of -24.15%.

Operating Margin history for iRhythm (ZIO) from 2016 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-24.15%-11.18%
2022-27.19%-12.06%
2021-30.92%94.85%
2020-15.87%-35.59%
2019-24.64%-23.16%
2018-32.06%20.6%
2017-26.59%-3.52%
2016-27.55%-54.19%
2015-60.15%-13.12%
2014-69.24%

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.