Profound Medical
PROF
#7964
Rank
โ‚ฌ0.18 B
Marketcap
7,64ย โ‚ฌ
Share price
-1.20%
Change (1 day)
-7.57%
Change (1 year)

Operating Margin for Profound Medical (PROF)

Operating Margin as of November 2024 (TTM): -398.62%

According to Profound Medical's latest financial reports and stock price the company's current Operating Margin is -398.62%. At the end of 2023 the company had an Operating Margin of -398.62%.

Operating Margin history for Profound Medical from 2017 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-398.62%-6.17%
2022-424.82%-4.56%
2021-445.13%50.68%
2020-295.41%-18.21%
2019-361.16%-54.23%
2018-789.01%106.41%
2017-382.26%

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.