According to Telesis Bio's latest financial reports and stock price the company's current Operating Margin is -276.62%. At the end of 2023 the company had an Operating Margin of -173.40%.
Year | Operating Margin | Change |
---|---|---|
2023 | -173.40% | -1.81% |
2022 | -176.59% | -49.93% |
2021 | -352.66% | 28.8% |
2020 | -273.80% |
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.