TRxADE HEALTH
MEDS
#9722
Rank
โ‚น1.12 B
Marketcap
โ‚น641.16
Share price
4.55%
Change (1 day)
30.19%
Change (1 year)

Operating Margin for TRxADE HEALTH (MEDS)

Operating Margin as of November 2024 (TTM): -328.24%

According to TRxADE HEALTH's latest financial reports and stock price the company's current Operating Margin is -328.24%. At the end of 2022 the company had an Operating Margin of -34.15%.

Operating Margin history for TRxADE HEALTH from 2014 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-34.15%-36.46%
2021-53.75%262.92%
2020-14.81%287.23%
2019-3.82%-1721.61%
20180.24%-97.61%
20179.86%-120.86%
2016-47.27%436.54%
2015-8.81%-93.45%
2014-134.47%-38.53%
2013-218.78%

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.