According to Petros Pharmaceuticals's latest financial reports and stock price the company's current Operating Margin is -117.52%. At the end of 2023 the company had an Operating Margin of -140.20%.
Year | Operating Margin | Change |
---|---|---|
2023 | -140.20% | -58.07% |
2022 | -334.40% | 190.66% |
2021 | -115.05% | -50.04% |
2020 | -230.27% | 8.18% |
2019 | -212.86% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
![]() | 22.85% | -119.44% | ๐บ๐ธ USA |
![]() | -234,760.00% | 199,661.74% | Bahamas |
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.