Silk Road Medical
SILK
#5466
Rank
$0.77 B
Marketcap
$19.66
Share price
-2.49%
Change (1 day)
-55.51%
Change (1 year)
Categories

Operating Margin for Silk Road Medical (SILK)

Operating Margin as of May 2024 (TTM): -36.00%

According to Silk Road Medical 's latest financial reports and stock price the company's current Operating Margin is -36.00%. At the end of 2021 the company had an Operating Margin of -49.09%.

Operating Margin history for Silk Road Medical from 2018 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
2021-49.09%-22.04%
2020-62.96%-23.9%
2019-82.73%-24.02%
2018-108.89%-19.79%
2017-135.76%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-36.36% 1.00%๐Ÿ‡บ๐Ÿ‡ธ USA
-8,391.15% 23,208.75%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.