TRxADE HEALTH
MEDS
#8347
Rank
$22.64 M
Marketcap
$16.10
Share price
-23.04%
Change (1 day)
70.55%
Change (1 year)

Operating Margin for TRxADE HEALTH (MEDS)

Operating Margin as of July 2024 (TTM): -31.27%

According to TRxADE HEALTH's latest financial reports and stock price the company's current Operating Margin is -31.27%. At the end of 2022 the company had an Operating Margin of -34.15%.

Operating Margin history for TRxADE HEALTH from 2014 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2022-34.15%-36.46%
2021-53.75%262.92%
2020-14.81%287.23%
2019-3.82%-1721.61%
20180.24%-97.61%
20179.86%-120.86%
2016-47.27%111.22%
2015-22.38%-83.36%
2014-134.47%-38.53%
2013-218.78%

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.