Travere Therapeutics
TVTX
#6137
Rank
$0.43 B
Marketcap
$5.68
Share price
4.03%
Change (1 day)
-74.88%
Change (1 year)

Operating Margin for Travere Therapeutics (TVTX)

Operating Margin as of April 2024 (TTM): -130.82%

According to Travere Therapeutics's latest financial reports and stock price the company's current Operating Margin is -130.82%. At the end of 2021 the company had an Operating Margin of -70.13%.

Operating Margin history for Travere Therapeutics from 2014 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2021-70.13%-18.06%
2020-85.59%17.59%
2019-72.79%29.86%
2018-56.05%51.88%
2017-36.90%23.77%
2016-29.82%-7.68%
2015-32.29%-88.59%
2014-282.97%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-36.36%-72.21%๐Ÿ‡บ๐Ÿ‡ธ USA
-8,391.15% 6,314.27%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.