T2 Biosystems
TTOO
#7912
Rank
$84.13 M
Marketcap
$4.93
Share price
-2.76%
Change (1 day)
-51.19%
Change (1 year)

Operating Margin for T2 Biosystems (TTOO)

Operating Margin as of July 2024 (TTM): -252.10%

According to T2 Biosystems 's latest financial reports and stock price the company's current Operating Margin is -252.10%. At the end of 2021 the company had an Operating Margin of -175.50%.

Operating Margin history for T2 Biosystems from 2014 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
2021-175.50%-32.01%
2020-258.12%-63.54%
2019-707.93%45.31%
2018-487.17%-63.59%
2017-1,337.93%-0.39%
2016-1,343.24%-16.57%
2015-1,610.02%-93.9%
2014-26,378.15%240.45%
2013-7,748.12%-89.82%
2012-76,078.95%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
0.00%N/A๐Ÿ‡บ๐Ÿ‡ธ USA
-24.00%-90.48%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.