According to Medpace's latest financial reports and stock price the company's current Operating Margin is 18.96%. At the end of 2022 the company had an Operating Margin of 19.09%.
Year | Operating Margin | Change |
---|---|---|
2022 | 19.09% | 9.79% |
2021 | 17.39% | -3.63% |
2020 | 18.04% | 22.05% |
2019 | 14.78% | 2% |
2018 | 14.49% | -2.01% |
2017 | 14.79% | 50.82% |
2016 | 9.81% | 81.22% |
2015 | 5.41% | |
2013 | 20.94% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
ORIC Pharmaceuticals
ORIC | 0.00% | N/A | ๐บ๐ธ USA |
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.