Myomo
MYO
#8047
Rank
โ‚ฌ0.19 B
Marketcap
5,86ย โ‚ฌ
Share price
0.49%
Change (1 day)
47.18%
Change (1 year)
Categories

Operating Margin for Myomo (MYO)

Operating Margin as of December 2024 (TTM): -31.82%

According to Myomo's latest financial reports and stock price the company's current Operating Margin is -31.82%. At the end of 2023 the company had an Operating Margin of -41.53%.

Operating Margin history for Myomo from 2017 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-41.53%-39.34%
2022-68.47%-7.74%
2021-74.21%-51.33%
2020-152.49%-45.37%
2019-279.15%-33.87%
2018-422.11%-45.61%
2017-776.04%136.71%
2016-327.84%

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.