Profound Medical
PROF
$8.29
Share price
-3.15%
Change (1 day)
-36.38%
Change (1 year)
Categories
Operating Margin for Profound Medical (PROF)
Operating Margin as of May 2024 (TTM): -424.81%
According to Profound Medical's latest financial reports and stock price the company's current Operating Margin is -424.81%. At the end of 2022 the company had an Operating Margin of -424.82%.
Operating Margin history for Profound Medical from 2017 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -424.82% | -4.56% |
| 2021 | -445.13% | 50.68% |
| 2020 | -295.41% | -18.35% |
| 2019 | -361.79% | -54.15% |
| 2018 | -789.01% | 106.41% |
| 2017 | -382.26% |
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.