According to electroCore's latest financial reports and stock price the company's current Operating Margin is -54.81%. At the end of 2023 the company had an Operating Margin of -118.65%.
Year | Operating Margin | Change |
---|---|---|
2023 | -118.65% | -54.88% |
2022 | -262.95% | -20.67% |
2021 | -331.48% | -53.05% |
2020 | -706.04% | -62.61% |
2019 | -1,888.07% | -66.38% |
2018 | -5,615.88% | 26.48% |
2017 | -4,440.01% | -28.5% |
2016 | -6,209.81% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
-9.23% | -83.16% | ๐บ๐ธ USA | |
8.91% | -116.26% | 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.