Psychemedics
PMD
$4.75
Share price
-1.04%
Change (1 day)
-23.51%
Change (1 year)
Categories
Operating Margin for Psychemedics (PMD)
Operating Margin as of June 2023 (TTM): -4.12%
According to Psychemedics's latest financial reports and stock price the company's current Operating Margin is -4.12%. At the end of 2021 the company had an Operating Margin of -3.30%.
Operating Margin history for Psychemedics from 2001 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -3.30% | -88.66% |
| 2020 | -29.05% | -458.22% |
| 2019 | 8.11% | -54.77% |
| 2018 | 17.93% | -12.93% |
| 2017 | 20.60% | -19.52% |
| 2016 | 25.59% | 412.61% |
| 2015 | 4.99% | -68.53% |
| 2014 | 15.86% | -26.49% |
| 2013 | 21.58% | 10.24% |
| 2012 | 19.58% | -18.78% |
| 2011 | 24.10% | 9.21% |
| 2010 | 22.07% | 42.29% |
| 2009 | 15.51% | -29.03% |
| 2008 | 21.85% | -28.94% |
| 2007 | 30.75% | -8.31% |
| 2006 | 33.54% | 11.25% |
| 2005 | 30.15% | 30.39% |
| 2004 | 23.12% | 86.88% |
| 2003 | 12.37% | -5.99% |
| 2002 | 13.16% | 361.56% |
| 2001 | 2.85% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Quest Diagnostics
DGX | 11.03% | -367.72% | 🇺🇸 USA |
 LabCorp LH | 19.39% | -570.63% | 🇺🇸 USA |
 RadNet RDNT | 4.47% | -208.50% | 🇺🇸 USA |
 NeoGenomics
NEO | -3.11% | -24.51% | 🇺🇸 USA |
 Enzo Biochem ENZ | -43.44% | 954.37% | 🇺🇸 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.