Metagenomi
MGX
#8562
Rank
$91.7 M
Marketcap
$2.45
Share price
-6.84%
Change (1 day)
N/A
Change (1 year)

Operating Margin for Metagenomi (MGX)

Operating Margin as of September 2024 (TTM): -131.00%

According to Metagenomi's latest financial reports and stock price the company's current Operating Margin is -131.00%. At the end of 2022 the company had an Operating Margin of -237.94%.

Operating Margin history for Metagenomi from 2023 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-237.94%-97.26%
2021-8,699.59%

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.