iRhythm
IRTC
$111.91
Share price
0.58%
Change (1 day)
-14.83%
Change (1 year)
Categories
Operating Margin for iRhythm (IRTC)
Operating Margin as of April 2024 (TTM): -21.84%
According to iRhythm 's latest financial reports and stock price the company's current Operating Margin is -21.84%. At the end of 2022 the company had an Operating Margin of -27.19%.
Operating Margin history for iRhythm from 2016 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -27.19% | -12.06% |
| 2021 | -30.92% | 94.85% |
| 2020 | -15.87% | -35.59% |
| 2019 | -24.64% | -19.57% |
| 2018 | -30.63% | 15.91% |
| 2017 | -26.43% | -4.09% |
| 2016 | -27.55% | -54.19% |
| 2015 | -60.15% | -13.12% |
| 2014 | -69.24% |
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.