23andMe
ME
#9072
Rank
NZ$0.14 B
Marketcap
$5.57
Share price
-3.09%
Change (1 day)
-79.96%
Change (1 year)

Operating Margin for 23andMe (ME)

Operating Margin as of December 2024 (TTM): -318.38%

According to 23andMe's latest financial reports and stock price the company's current Operating Margin is -318.38%. At the end of 2023 the company had an Operating Margin of -108.19%.

Operating Margin history for 23andMe from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-108.19%15.74%
2022-93.48%23.12%
2021-75.92%8.5%
2020-69.98%

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.