Quanterix
QTRX
$17.02
Share price
0.59%
Change (1 day)
-7.45%
Change (1 year)
Categories
Operating Margin for Quanterix (QTRX)
Operating Margin as of May 2024 (TTM): -68.36%
According to Quanterix's latest financial reports and stock price the company's current Operating Margin is -68.36%. At the end of 2021 the company had an Operating Margin of -54.80%.
Operating Margin history for Quanterix from 2017 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -54.80% | 37.32% |
| 2020 | -39.90% | -44.76% |
| 2019 | -72.24% | -13.73% |
| 2018 | -83.73% | -29.11% |
| 2017 | -118.12% | -10.36% |
| 2016 | -131.78% | 0.67% |
| 2015 | -130.89% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 PerkinElmer
PKI | 14.13% | -120.67% | 🇺🇸 USA |
 Quanterix QTRX | -68.36% | 0.00% | 🇺🇸 USA |
 Precipio PRPO | -96.24% | 40.78% | 🇺🇸 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.