Tactile Medical
TCMD
$14.28
Share price
-1.14%
Change (1 day)
-23.83%
Change (1 year)
Categories
Operating Margin for Tactile Medical (TCMD)
Operating Margin as of May 2024 (TTM): -5.16%
According to Tactile Medical's latest financial reports and stock price the company's current Operating Margin is -5.16%. At the end of 2021 the company had an Operating Margin of -1.10%.
Operating Margin history for Tactile Medical from 2015 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -1.10% | -8.79% |
| 2020 | -1.21% | -120.57% |
| 2019 | 5.87% | 142.88% |
| 2018 | 2.42% | -36.93% |
| 2017 | 3.83% | -24.79% |
| 2016 | 5.10% | -1.59% |
| 2015 | 5.18% | -34.84% |
| 2014 | 7.95% | 23.97% |
| 2013 | 6.41% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Merit Medical MMSI | 7.17% | -238.95% | 🇺🇸 USA |
 Inari Medical
NARI | -2.74% | -46.90% | 🇺🇸 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.