LumiraDx
LMDX
$0.01600
Share price
0.00%
Change (1 day)
-96.60%
Change (1 year)
Categories
Operating Margin for LumiraDx (LMDX)
Operating Margin as of May 2024 (TTM): -173.45%
According to LumiraDx's latest financial reports and stock price the company's current Operating Margin is -173.45%. At the end of 2021 the company had an Operating Margin of -5.11%.
Operating Margin history for LumiraDx from 2021 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -5.11% | -96.76% |
| 2020 | -157.63% | -70.92% |
| 2019 | -542.14% |
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.