According to Ocuphire Pharma's latest financial reports and stock price the company's current Operating Margin is -324.47%. At the end of 2023 the company had an Operating Margin of -52.36%.
Year | Operating Margin | Change |
---|---|---|
2023 | -52.36% | -214.63% |
2022 | 45.68% | -100.47% |
2021 | -9,625.30% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
-8,391.15% | 2,486.11% | ๐บ๐ธ USA | |
-16.56% | -94.90% | ๐บ๐ธ USA |
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.