Sol-Gel Technologies
SLGL
#9635
Rank
A$23.69 M
Marketcap
$0.85
Share price
-5.13%
Change (1 day)
-60.80%
Change (1 year)

Operating Margin for Sol-Gel Technologies (SLGL)

Operating Margin as of November 2024 (TTM): -227.39%

According to Sol-Gel Technologies's latest financial reports and stock price the company's current Operating Margin is -227.39%. At the end of 2023 the company had an Operating Margin of -1,752.77%.

Operating Margin history for Sol-Gel Technologies from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-1,752.77%356.07%
2022-384.32%-3831.24%
202110.30%-103.08%
2020-333.94%211.22%
2019-107.30%-99.57%
2018-24,963.57%37.6%
2017-18,142.53%

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.