Tilray
TLRY
$1.73
Share price
0.58%
Change (1 day)
-27.92%
Change (1 year)
Categories
Operating Margin for Tilray (TLRY)
Operating Margin as of April 2024 (TTM): -70.12%
According to Tilray 's latest financial reports and stock price the company's current Operating Margin is -70.12%. At the end of 2022 the company had an Operating Margin of -70.13%.
Operating Margin history for Tilray from 2015 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -70.13% | 4.3% |
| 2021 | -67.24% | 351.77% |
| 2020 | -14.88% | 125.56% |
| 2019 | -6.60% | -106.79% |
| 2018 | 97.13% | 358.22% |
| 2017 | 21.20% | -322.89% |
| 2016 | -9.51% | -99.2% |
| 2015 | -1,186.63% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 OPKO Health
OPK | -36.36% | -48.15% | 🇺🇸 USA |
 Onconova Therapeutics ONTX | -8,391.15% | 11,866.84% | 🇺🇸 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.