MeiraGTx
MGTX
#7152
Rank
NZ$0.52 B
Marketcap
$6.76
Share price
-4.13%
Change (1 day)
-23.80%
Change (1 year)

Operating Margin for MeiraGTx (MGTX)

Operating Margin as of September 2024 (TTM): -982.63%

According to MeiraGTx's latest financial reports and stock price the company's current Operating Margin is -982.63%. At the end of 2023 the company had an Operating Margin of -599.46%.

Operating Margin history for MeiraGTx from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-599.46%-26.37%
2022-814.16%285.8%
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
-25.56%-97.40% Jersey
-97.60%-90.07%๐Ÿ‡บ๐Ÿ‡ธ USA
-9,470.94% 863.84%๐Ÿ‡บ๐Ÿ‡ธ USA
-129.00%-86.87%๐Ÿ‡ฌ๐Ÿ‡ง UK

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.