Travere Therapeutics
TVTX
#5407
Rank
โ‚น89.90 B
Marketcap
โ‚น1,175
Share price
-6.85%
Change (1 day)
58.06%
Change (1 year)

Operating Margin for Travere Therapeutics (TVTX)

Operating Margin as of September 2024 (TTM): -215.65%

According to Travere Therapeutics's latest financial reports and stock price the company's current Operating Margin is -215.65%. At the end of 2023 the company had an Operating Margin of -251.16%.

Operating Margin history for Travere Therapeutics from 2014 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-251.16%-14.13%
2022-292.47%95.53%
2021-149.58%74.77%
2020-85.59%17.59%
2019-72.79%29.86%
2018-56.05%60.99%
2017-34.81%-11.99%
2016-39.56%-134.9%
2015113.34%-140.05%
2014-282.98%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-8,391.15% 3,791.10%๐Ÿ‡บ๐Ÿ‡ธ USA
-34.14%-84.17%๐Ÿ‡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.