Psychemedics
PMD
#8099
Rank
$14.51 M
Marketcap
$2.50
Share price
-1.19%
Change (1 day)
-48.98%
Change (1 year)

Operating Margin for Psychemedics (PMD)

Operating Margin as of May 2024 (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%
20198.11%-54.77%
201817.93%-12.93%
201720.60%-19.52%
201625.59%412.61%
20154.99%-68.53%
201415.86%-26.49%
201321.58%10.24%
201219.58%-18.78%
201124.10%9.21%
201022.07%42.29%
200915.51%-29.03%
200821.85%-28.94%
200730.75%-8.31%
200633.54%11.25%
200530.15%30.39%
200423.12%86.88%
200312.37%-5.99%
200213.16%361.56%
20012.85%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
11.10%-369.42%๐Ÿ‡บ๐Ÿ‡ธ USA
10.63%-358.01%๐Ÿ‡บ๐Ÿ‡ธ USA
3.00%-172.82%๐Ÿ‡บ๐Ÿ‡ธ USA
-31.26% 658.74%๐Ÿ‡บ๐Ÿ‡ธ USA
-43.44% 954.37%๐Ÿ‡บ๐Ÿ‡ธ 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.