According to Vir Biotechnology 's latest financial reports and stock price the company's current Operating Margin is -869.15%. At the end of 2023 the company had an Operating Margin of -1,590.61%.
Year | Operating Margin | Change |
---|---|---|
2023 | -1,590.61% | -3432.86% |
2022 | 47.72% | -5.64% |
2021 | 50.58% | -111.39% |
2020 | -444.06% | -98.19% |
2019 | -24,546.98% | 83.1% |
2018 | -13,405.99% | -75.27% |
2017 | -54,212.08% |
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.