According to Neuronetics's latest financial reports and stock price the company's current Operating Margin is -40.77%. At the end of 2023 the company had an Operating Margin of -42.28%.
Year | Operating Margin | Change |
---|---|---|
2023 | -42.28% | -25.91% |
2022 | -57.06% | 1.25% |
2021 | -56.36% | 1.1% |
2020 | -55.75% | 20.27% |
2019 | -46.35% | 1.52% |
2018 | -45.66% | 14.96% |
2017 | -39.72% | 21.01% |
2016 | -32.82% |
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.