Ocuphire Pharma
OCUP
#9610
Rank
โ‚น2.70 B
Marketcap
โ‚น99.63
Share price
-12.03%
Change (1 day)
-59.66%
Change (1 year)

Operating Margin for Ocuphire Pharma (OCUP)

Operating Margin as of December 2024 (TTM): -324.47%

According to Ocuphire Pharma's latest financial reports and stock price the company's current Operating Margin is -324.47%. At the end of 2023 the company had an Operating Margin of -52.36%.

Operating Margin history for Ocuphire Pharma from 2023 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-52.36%-214.63%
202245.68%-100.47%
2021-9,625.30%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-8,391.15% 2,486.11%๐Ÿ‡บ๐Ÿ‡ธ USA
-16.56%-94.90%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.