According to Vaxxinity's latest financial reports and stock price the company's current Operating Margin is -69,435.00%. At the end of 2021 the company had an Operating Margin of -207,840.91%.
Year | Operating Margin | Change |
---|---|---|
2021 | -207,840.91% | 2797.3% |
2020 | -7,173.61% |
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.