Palatin Technologies
PTN
$1.73
Share price
-1.14%
Change (1 day)
-32.42%
Change (1 year)
Categories
Operating Margin for Palatin Technologies (PTN)
Operating Margin as of April 2024 (TTM): -2,465.05%
According to Palatin Technologies's latest financial reports and stock price the company's current Operating Margin is -2,465.05%. At the end of 2022 the company had an Operating Margin of -2,465.06%.
Operating Margin history for Palatin Technologies from 2001 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -2,465.06% | -86.16% |
| 2021 | -17,813.91% | -6.28% |
| 2020 | -19,006.88% | -32138.77% |
| 2019 | 59.32% | 60.69% |
| 2018 | 36.92% | -228.68% |
| 2017 | -28.69% | |
| 2015 | -140.50% | |
| 2013 | -218,274.12% | 778.46% |
| 2012 | -24,847.31% | 2625.06% |
| 2011 | -911.81% | 4532.92% |
| 2010 | -19.68% | -65.86% |
| 2009 | -57.64% | -57.77% |
| 2008 | -136.51% | -31.07% |
| 2007 | -198.05% | 32.02% |
| 2006 | -150.01% | 80.33% |
| 2005 | -83.19% | -92.75% |
| 2004 | -1,147.17% | -29.99% |
| 2003 | -1,638.59% | -72.11% |
| 2002 | -5,875.49% | 894.57% |
| 2001 | -590.76% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Johnson & Johnson JNJ | 22.88% | -100.93% | 🇺🇸 USA |
 AstraZeneca AZN | 5.63% | -100.23% | 🇬🇧 UK |
 Neurocrine Biosciences
NBIX | 14.36% | -100.58% | 🇺🇸 USA |
 MediciNova MNOV | -250.93% | -89.82% | 🇺🇸 USA |
 Ligand Pharmaceuticals LGND | 17.06% | -100.69% | 🇺🇸 USA |
 Dicerna Pharmaceuticals DRNA | -61.01% | -97.53% | 🇺🇸 USA |
 ANI Pharmaceuticals ANIP | -9.64% | -99.61% | 🇺🇸 USA |
 GlycoMimetics
GLYC | -34,735.80% | 1,309.13% | 🇺🇸 USA |
 Ardelyx ARDX | -104.48% | -95.76% | 🇺🇸 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.