Legend Biotech
LEGN
#1617
Rank
$10.20 B
Marketcap
$56.09
Share price
-1.48%
Change (1 day)
19.42%
Change (1 year)

Operating Margin for Legend Biotech (LEGN)

Operating Margin as of March 2024 (TTM): -339.08%

According to Legend Biotech's latest financial reports and stock price the company's current Operating Margin is -339.08%. At the end of 2022 the company had an Operating Margin of -371.72%.

Operating Margin history for Legend Biotech from 2019 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2022-371.72%-13.38%
2021-429.11%7.03%
2020-400.94%76.41%
2019-227.28%7179.48%
2018-3.12%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
0.00%N/A๐Ÿ‡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.