Myriad Genetics
MYGN
#4988
Rank
C$1.92 B
Marketcap
$21.14
Share price
-1.18%
Change (1 day)
-11.72%
Change (1 year)

Operating Margin for Myriad Genetics (MYGN)

Operating Margin as of November 2024 (TTM): -20.72%

According to Myriad Genetics's latest financial reports and stock price the company's current Operating Margin is -20.72%. At the end of 2022 the company had an Operating Margin of -20.73%.

Operating Margin history for Myriad Genetics from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-20.73%150.66%
2021-8.27%-76.35%
2020-34.97%
201815.13%172.07%
20175.56%-75.18%
201622.41%20.1%
201518.66%-47.75%
201435.71%-6.15%
201338.04%2.26%
201237.21%-6.3%
201139.71%2.24%
201038.83%-7.07%
200941.79%187.73%
200814.52%-147.81%
2007-30.37%-9.1%
2006-33.42%-31.12%
2005-48.51%-32.34%
2004-71.71%88.96%
2003-37.95%51.45%
2002-25.06%71.68%
2001-14.59%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-38.95% 87.98%๐Ÿ‡บ๐Ÿ‡ธ USA
-8.07%-61.05%๐Ÿ‡บ๐Ÿ‡ธ USA
-124.57% 501.21%๐Ÿ‡บ๐Ÿ‡ธ USA
14.22%-168.63%๐Ÿ‡บ๐Ÿ‡ธ USA
16.44%-179.34%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.