Spruce Biosciences
SPRB
#9624
Rank
$20.26 M
Marketcap
$0.49
Share price
-5.83%
Change (1 day)
-63.39%
Change (1 year)

Operating Margin for Spruce Biosciences (SPRB)

Operating Margin as of November 2024 (TTM): -446.14%

According to Spruce Biosciences's latest financial reports and stock price the company's current Operating Margin is -446.14%. At the end of 2023 the company had an Operating Margin of -474.96%.

Operating Margin history for Spruce Biosciences from 2023 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-474.96%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
0.00%N/A๐Ÿ‡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.