According to SomaLogic's latest financial reports and stock price the company's current Operating Margin is -112.49%. At the end of 2021 the company had an Operating Margin of -107.25%.
Year | Operating Margin | Change |
---|---|---|
2021 | -107.25% | 13.07% |
2020 | -94.86% |
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.