TRxADE HEALTH
MEDS
$5.64
Share price
-0.35%
Change (1 day)
-4.57%
Change (1 year)
Operating Margin for TRxADE HEALTH (MEDS)
Operating Margin as of May 2024 (TTM): -31.27%
According to TRxADE HEALTH's latest financial reports and stock price the company's current Operating Margin is -31.27%. At the end of 2022 the company had an Operating Margin of -34.15%.
Operating Margin history for TRxADE HEALTH from 2014 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -34.15% | -36.46% |
| 2021 | -53.75% | 262.92% |
| 2020 | -14.81% | 287.23% |
| 2019 | -3.82% | -1721.61% |
| 2018 | 0.24% | -97.61% |
| 2017 | 9.86% | -120.86% |
| 2016 | -47.27% | 111.22% |
| 2015 | -22.38% | -83.36% |
| 2014 | -134.47% | -38.53% |
| 2013 | -218.78% |
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.