MeiraGTx
MGTX
$5.00
Share price
0.20%
Change (1 day)
-18.70%
Change (1 year)
Operating Margin for MeiraGTx (MGTX)
Operating Margin as of May 2024 (TTM): -783.09%
According to MeiraGTx's latest financial reports and stock price the company's current Operating Margin is -783.09%. At the end of 2021 the company had an Operating Margin of -211.03%.
Operating Margin history for MeiraGTx from 2019 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -211.03% | -43.37% |
| 2020 | -372.63% | -9.53% |
| 2019 | -411.87% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Organovo ONVO | -591.52% | -24.46% | 🇺🇸 USA |
 Orchard Therapeutics
ORTX | -129.00% | -83.53% | 🇬🇧 UK |
 Novavax NVAX | -149.57% | -80.90% | 🇺🇸 USA |
 Novocure
NVCR | -37.52% | -95.21% | Jersey |
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.