ViewRay
VRAY
#9529
Rank
โ‚น0.38 B
Marketcap
โ‚น2.10
Share price
0.00%
Change (1 day)
-99.26%
Change (1 year)

Operating Margin for ViewRay (VRAY)

Operating Margin as of September 2024 (TTM): -105.01%

According to ViewRay's latest financial reports and stock price the company's current Operating Margin is -105.01%. At the end of 2021 the company had an Operating Margin of -156.94%.

Operating Margin history for ViewRay from 2016 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
2021-156.94%-17.07%
2020-189.26%38.21%
2019-136.93%45.11%
2018-94.36%-55.49%
2017-212.02%-6.89%
2016-227.71%-47.42%
2015-433.05%
2013-861.73%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-105.01% 0.00%๐Ÿ‡บ๐Ÿ‡ธ USA
3.59%-103.42%๐Ÿ‡บ๐Ÿ‡ธ USA
-521.88% 396.98%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel

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.