Psychemedics
PMD
#8647
Rank
$11.9 M
Marketcap
$2.05
Share price
-3.24%
Change (1 day)
-58.97%
Change (1 year)

Operating Margin for Psychemedics (PMD)

Operating Margin as of July 2024 (TTM): -16.10%

According to Psychemedics's latest financial reports and stock price the company's current Operating Margin is -16.10%. At the end of 2022 the company had an Operating Margin of -4.12%.

Operating Margin history for Psychemedics from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-4.12%25.01%
2021-3.30%-88.66%
2020-29.05%-458.22%
20198.11%-54.77%
201817.93%-12.93%
201720.60%-19.52%
201625.59%412.52%
20154.99%-68.52%
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
-31.26% 94.16%๐Ÿ‡บ๐Ÿ‡ธ USA
73.09%-553.98%๐Ÿ‡บ๐Ÿ‡ธ USA
12.04%-174.78%๐Ÿ‡บ๐Ÿ‡ธ USA
4.67%-129.01%๐Ÿ‡บ๐Ÿ‡ธ USA
2.40%-114.91%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.