TELA Bio
TELA
#7342
Rank
$0.11 B
Marketcap
$4.52
Share price
1.57%
Change (1 day)
-51.66%
Change (1 year)
Categories

Operating Margin for TELA Bio (TELA)

Operating Margin as of April 2024 (TTM): -97.16%

According to TELA Bio's latest financial reports and stock price the company's current Operating Margin is -97.16%. At the end of 2021 the company had an Operating Margin of -112.94%.

Operating Margin history for TELA Bio from 2019 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
2021-112.94%-28.56%
2020-158.10%8.89%
2019-145.18%-43.05%
2018-254.92%-49.28%
2017-502.57%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
7.17%-107.38%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.74%-97.18%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.