Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating margin high or low?
The operating margin of -25.13% is 92% below its 5-year average of -13.07%, near the high end of its 5-year range (-1110.38%–0.00%).
0.01% above its 12-month average of -25.13%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): -15.46%.
OPERATING MARGIN
-25.13%
OPERATING MARGIN AVG TTM
-25.13%
OPERATING MARGIN AVG 3Y
-22.57%
OPERATING MARGIN AVG 5Y
-13.07%
OPERATING MARGIN AVG 10Y
0.00%
OPERATING MARGIN AVG 15Y
0.00%
OPERATING MARGIN AVG 20Y
-4.95%
CURRENT VS TTM AVG
+0.01%
CURRENT VS 3Y AVG
-11.33%
CURRENT VS 5Y AVG
-92.30%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
-407.81%
SECTOR MEDIAN · HEALTHCARE
0.00%
median of 784 covered companies
CURRENT VS SECTOR MEDIAN
N/A
vs the sector median at left
Madrigal Pharmaceuticals, Inc.
Market Cap
$11.49B
Operating Margin
-25.13%
TTM Avg
-25.13%
3Y Avg
-22.57%
5Y Avg
-13.07%
Market Cap
$11.34B
Operating Margin
20.73%
TTM Avg
14.55%
3Y Avg
18.31%
5Y Avg
20.93%
Market Cap
$10.97B
Operating Margin
12.85%
TTM Avg
17.41%
3Y Avg
16.25%
5Y Avg
15.86%
Market Cap
$10.87B
Operating Margin
16.56%
TTM Avg
16.77%
3Y Avg
12.22%
5Y Avg
7.02%
Market Cap
$10.67B
Operating Margin
11.36%
TTM Avg
11.05%
3Y Avg
9.46%
5Y Avg
10.06%
Market Cap
$12.37B
Operating Margin
18.00%
TTM Avg
16.91%
3Y Avg
21.06%
5Y Avg
16.78%
Market Cap
$12.44B
Operating Margin
3.33%
TTM Avg
2.06%
3Y Avg
2.05%
5Y Avg
2.45%
Market Cap
$12.50B
Operating Margin
-2.39%
TTM Avg
-1.31%
3Y Avg
-6.02%
5Y Avg
0.15%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Madrigal Pharmaceuticals, Inc. (MDGL) | $11.49B | -25.13% | -25.13% | -22.57% | -13.07% |
| Bio-Techne Corporation (TECH)vs › | $11.34B | 20.73% | 14.55% | 18.31% | 20.93% |
| DaVita Inc. (DVA)vs › | $11.67B | 15.06% | 15.52% | 13.94% | 14.32% |
| The Cooper Companies, Inc. (COO)vs › | $10.97B | 12.85% | 17.41% | 16.25% | 15.86% |
| BioMarin Pharmaceutical Inc. (BMRN)vs › | $10.87B | 16.56% | 16.77% | 12.22% | 7.02% |
| Universal Health Services, Inc. (UHS)vs › | $10.67B | 11.36% | 11.05% | 9.46% | 10.06% |
| Encompass Health Corporation (EHC)vs › | $12.37B | 18.00% | 16.91% | 21.06% | 16.78% |
| BrightSpring Health Services, Inc. Common Stock (BTSG)vs › | $12.44B | 3.33% | 2.06% | 2.05% | 2.45% |
| Baxter International Inc. (BAX)vs › | $12.50B | -2.39% | -1.31% | -6.02% | 0.15% |
| ICON Public Limited Company (ICLR)vs › | $12.51B | 10.15% | 12.77% | 11.89% | 11.41% |
Gross Margin
91.5%
Operating Margin
-25.1%
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | OPERATING MARGIN |
|---|---|
| 2026-06-30 | -15.46% |
| 2026-03-31 | -29.78% |
| 2025-12-31 | -18.56% |
| 2025-09-30 | -39.68% |
| 2025-06-30 | -22.18% |
| 2025-03-31 | -57.79% |
| 2024-12-31 | -64.84% |
| 2024-09-30 | -187.06% |
| 2024-06-30 | -1110.38% |
| 2024-03-31 | 0.00% |
| 2023-12-31 | 0.00% |
| 2023-09-30 | 0.00% |
| 2023-06-30 | 0.00% |
| 2023-03-31 | 0.00% |
| 2022-12-31 | 0.00% |
| 2022-09-30 | 0.00% |
| 2022-06-30 | 0.00% |
| 2022-03-31 | 0.00% |
| 2021-12-31 | 0.00% |
| 2021-09-30 | 0.00% |
| 2021-06-30 | 0.00% |
| 2021-03-31 | 0.00% |
| 2020-12-31 | 0.00% |
| 2020-09-30 | 0.00% |
| 2020-06-30 | 0.00% |
| 2020-03-31 | 0.00% |
| 2019-12-31 | 0.00% |
| 2019-09-30 | 0.00% |
| 2019-06-30 | 0.00% |
| 2019-03-31 | 0.00% |
| 2018-12-31 | 0.00% |
| 2018-09-30 | 0.00% |
| 2018-06-30 | 0.00% |
| 2018-03-31 | 0.00% |
| 2017-12-31 | 0.00% |
| 2017-09-30 | 0.00% |
| 2017-06-30 | 0.00% |
| 2017-03-31 | 0.00% |
| 2016-12-31 | 0.00% |
| 2016-09-30 | 0.00% |
| 2016-06-30 | 0.00% |
| 2016-03-31 | 0.00% |
| 2015-12-31 | 0.00% |
| 2015-09-30 | 0.00% |
| 2015-06-30 | 0.00% |
| 2015-03-31 | 0.00% |
| 2014-12-31 | 0.00% |
| 2014-09-30 | 0.00% |
| 2014-06-30 | 0.00% |
| 2014-03-31 | 0.00% |
| 2013-12-31 | 0.00% |
| 2013-09-30 | 0.00% |
| 2013-06-30 | 0.00% |
| 2013-03-31 | 0.00% |
| 2012-12-31 | -238.04% |
| 2012-09-30 | 0.00% |
| 2012-06-30 | 0.00% |
| 2012-03-31 | -9908.16% |
| 2011-12-31 | -299.12% |
| 2011-09-30 | -734.25% |
| 2011-06-30 | -886.93% |
| 2011-03-31 | -959.41% |
| 2010-12-31 | -207.21% |
| 2010-09-30 | -302.42% |
| 2010-06-30 | -269.17% |
| 2010-03-31 | -230.13% |
| 2009-12-31 | -149.15% |
| 2009-09-30 | 90.62% |
| 2009-06-30 | -181.78% |
| 2009-03-31 | -519.62% |
| 2008-12-31 | -4066.82% |
| 2008-09-30 | -2079.48% |
| 2008-06-30 | -1715.02% |
| 2008-03-31 | -1378.55% |
| 2007-12-31 | -2199.60% |
| 2007-09-30 | 0.00% |
| 2007-06-30 | 0.00% |
| 2007-03-31 | 0.00% |
| 2006-12-31 | 0.00% |
| 2006-09-30 | 0.00% |
| 2006-06-30 | 0.00% |
| 2006-03-31 | 0.00% |
| 2005-12-31 | 0.00% |
| 2005-09-30 | 0.00% |
| 2005-06-30 | 0.00% |
| 2005-03-31 | 0.00% |
| 2004-03-31 | -5184.39% |
