Ocean Power Technologies
OPTT
$0.20
Share price
-7.14%
Change (1 day)
-63.89%
Change (1 year)
Categories
Operating Margin for Ocean Power Technologies (OPTT)
Operating Margin as of April 2024 (TTM): -1,176.63%
According to Ocean Power Technologies 's latest financial reports and stock price the company's current Operating Margin is -1,176.63%. At the end of 2022 the company had an Operating Margin of -1,176.63%.
Operating Margin history for Ocean Power Technologies from 2005 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -1,176.63% | -3.86% |
| 2021 | -1,223.88% | 83.03% |
| 2020 | -668.67% | -67.73% |
| 2019 | -2,072.15% | -6.1% |
| 2018 | -2,206.65% | 82.66% |
| 2017 | -1,208.07% | -42.31% |
| 2016 | -2,093.94% | 498.58% |
| 2015 | -349.82% | -59.47% |
| 2014 | -863.10% | 91.76% |
| 2013 | -450.10% | 59.01% |
| 2012 | -283.06% | -9.04% |
| 2011 | -311.20% | -25.34% |
| 2010 | -416.81% | -9.7% |
| 2009 | -461.60% | 50.29% |
| 2008 | -307.14% | -19.34% |
| 2007 | -380.78% | -7.86% |
| 2006 | -413.28% | 4741.64% |
| 2005 | -8.54% | -86.44% |
| 2004 | -62.96% | 65.91% |
| 2003 | -37.95% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Lockheed Martin LMT | 12.29% | -101.04% | 🇺🇸 USA |
 General Electric GE | -1.37% | -99.88% | 🇺🇸 USA |
 Woodward WWD | 10.12% | -100.86% | 🇺🇸 USA |
 Broadwind BWEN | -5.48% | -99.53% | 🇺🇸 USA |
 Capstone Green Energy CGRN | -25.49% | -97.83% | 🇺🇸 USA |
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.