MeiraGTx
MGTX
#6542
Rank
โ‚น49.19 B
Marketcap
โ‚น623.92
Share price
-1.22%
Change (1 day)
20.52%
Change (1 year)

Operating Margin for MeiraGTx (MGTX)

Operating Margin as of March 2025 (TTM): -404.21%

According to MeiraGTx's latest financial reports and stock price the company's current Operating Margin is -404.21%. At the end of 2024 the company had an Operating Margin of -444.10%.

Operating Margin history for MeiraGTx from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2024-444.10%-25.92%
2023-599.46%-26.37%
2022-814.16%285.8%
2021-211.03%-43.37%
2020-372.63%-9.53%
2019-411.87%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-19.96%-95.06% Jersey
-25.89%-93.59%๐Ÿ‡บ๐Ÿ‡ธ USA
-10,150.00% 2,411.07%๐Ÿ‡บ๐Ÿ‡ธ USA
-129.00%-68.09%๐Ÿ‡ฌ๐Ÿ‡ง UK

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.