According to GeneDx Holdings's latest financial reports and stock price the company's current Operating Margin is -30.54%. At the end of 2023 the company had an Operating Margin of -87.23%.
Year | Operating Margin | Change |
---|---|---|
2023 | -87.23% | -65.77% |
2022 | -254.81% | 120.34% |
2021 | -115.64% | -14.07% |
2020 | -134.58% | 788.84% |
2019 | -15.14% |
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.