PetIQ
PETQ
$19.97
Share price
0.81%
Change (1 day)
55.41%
Change (1 year)
Operating Margin for PetIQ (PETQ)
Operating Margin as of May 2024 (TTM): -2.17%
According to PetIQ's latest financial reports and stock price the company's current Operating Margin is -2.17%. At the end of 2021 the company had an Operating Margin of -1.34%.
Operating Margin history for PetIQ from 2016 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -1.34% | -63.66% |
| 2020 | -3.69% | 48.76% |
| 2019 | -2.48% | 2186.13% |
| 2018 | -0.11% | -102.46% |
| 2017 | 4.42% | -360.58% |
| 2016 | -1.70% | 158.61% |
| 2015 | -0.66% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 OPKO Health
OPK | -36.36% | 1,575.58% | 🇺🇸 USA |
 Onconova Therapeutics ONTX | -8,391.15% | 386,588.94% | 🇺🇸 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.