Avidity Biosciences
RNA
#2675
Rank
โ‚ฌ4.74 B
Marketcap
40,14ย โ‚ฌ
Share price
-2.56%
Change (1 day)
506.21%
Change (1 year)

Operating Margin for Avidity Biosciences (RNA)

Operating Margin as of September 2024 (TTM): -2,381.81%

According to Avidity Biosciences's latest financial reports and stock price the company's current Operating Margin is -2,381.81%. At the end of 2022 the company had an Operating Margin of -1,886.33%.

Operating Margin history for Avidity Biosciences from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-1,886.33%49.07%
2021-1,265.38%93.62%
2020-653.53%-38.73%
2019-1,066.58%-63.96%
2018-2,959.37%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-54.86%-97.70%๐Ÿ‡บ๐Ÿ‡ธ USA
-84.50%-96.45%๐Ÿ‡บ๐Ÿ‡ธ USA
4.13%-100.17%๐Ÿ‡บ๐Ÿ‡ธ USA
21.53%-100.90%๐Ÿ‡บ๐Ÿ‡ธ USA
-1,587.27%-33.36%๐Ÿ‡บ๐Ÿ‡ธ USA
-226.57%-90.49%๐Ÿ‡บ๐Ÿ‡ธ USA
1.80%-100.08%๐Ÿ‡บ๐Ÿ‡ธ USA
15.88%-100.67%๐Ÿ‡ฌ๐Ÿ‡ง UK

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.