Silk Road Medical
SILK
#5270
Rank
ยฃ0.85 B
Marketcap
ยฃ20.95
Share price
0.00%
Change (1 day)
64.34%
Change (1 year)
Categories

Operating Margin for Silk Road Medical (SILK)

Operating Margin as of September 2024 (TTM): -25.92%

According to Silk Road Medical 's latest financial reports and stock price the company's current Operating Margin is -25.92%. At the end of 2023 the company had an Operating Margin of -31.47%.

Operating Margin history for Silk Road Medical from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-31.47%-20.69%
2022-39.68%-19.17%
2021-49.09%-22.04%
2020-62.96%-23.9%
2019-82.73%-24.02%
2018-108.89%-19.79%
2017-135.76%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-8,391.15% 32,273.26%๐Ÿ‡บ๐Ÿ‡ธ USA
-34.14% 31.71%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.