Ovid Therapeutics
OVID
#8768
Rank
โ‚น7.02 B
Marketcap
โ‚น98.99
Share price
5.36%
Change (1 day)
-69.01%
Change (1 year)

Operating Margin for Ovid Therapeutics (OVID)

Operating Margin as of September 2024 (TTM): -5,241.51%

According to Ovid Therapeutics 's latest financial reports and stock price the company's current Operating Margin is -5,241.51%. At the end of 2023 the company had an Operating Margin of -15,134.78%.

Operating Margin history for Ovid Therapeutics from 2022 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-15,134.78%309.45%
2022-3,696.40%-6301.32%
202159.61%-109.24%
2020-645.40%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
0.00%N/A๐Ÿ‡บ๐Ÿ‡ธ USA

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.