Ra Medical Systems
RMED
$0.59
Share price
10.00%
Change (1 day)
-61.18%
Change (1 year)
Categories
Operating Margin for Ra Medical Systems (RMED)
Operating Margin as of May 2024 (TTM): -123,350.00%
According to Ra Medical Systems's latest financial reports and stock price the company's current Operating Margin is -123,350.00%. At the end of 2021 the company had an Operating Margin of -123,895.45%.
Operating Margin history for Ra Medical Systems from 2017 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -123,895.45% | 15044% |
| 2020 | -818.12% | 3.43% |
| 2019 | -790.97% | 60.57% |
| 2018 | -492.60% | 62.78% |
| 2017 | -302.62% | 330.49% |
| 2016 | -70.30% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 PAVmed
PAVM | -13,857.60% | -88.77% | 🇺🇸 USA |
 Philips PHG | -9.70% | -99.99% | 🇳🇱 Netherlands |
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.