Tandem Diabetes Care Inc
NASDAQ:TNDM
Operating Margin
Tandem Diabetes Care Inc
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| US |
|
Tandem Diabetes Care Inc
NASDAQ:TNDM
|
1.3B USD |
-11%
|
|
| US |
|
Abbott Laboratories
NYSE:ABT
|
227.4B USD |
17%
|
|
| US |
|
Intuitive Surgical Inc
NASDAQ:ISRG
|
184.6B USD |
28%
|
|
| US |
|
Boston Scientific Corp
NYSE:BSX
|
152.5B USD |
19%
|
|
| US |
|
Stryker Corp
NYSE:SYK
|
143B USD |
22%
|
|
| IE |
|
Medtronic PLC
NYSE:MDT
|
107.5B USD |
19%
|
|
| DE |
|
Siemens Healthineers AG
XETRA:SHL
|
53B EUR |
13%
|
|
| US |
|
Becton Dickinson and Co
NYSE:BDX
|
50.7B USD |
14%
|
|
| US |
|
Edwards Lifesciences Corp
NYSE:EW
|
44.5B USD |
28%
|
|
| US |
|
IDEXX Laboratories Inc
NASDAQ:IDXX
|
38.5B USD |
29%
|
|
| CN |
|
Shenzhen Mindray Bio-Medical Electronics Co Ltd
SZSE:300760
|
266.3B CNY |
36%
|
Tandem Diabetes Care Inc
Glance View
Tandem Diabetes Care Inc., a prominent figure in the healthcare sector, has carved out a notable niche with its innovative diabetes management solutions. Founded in 2006 and headquartered in San Diego, California, the company has become a leader in providing advanced insulin pump technologies. Central to Tandem’s business model is their flagship product, the t:slim X2 Insulin Pump, a sleek and user-friendly device praised for its ease of use and functionality. Through meticulous engineering and design, Tandem has positioned itself at the forefront of modern diabetes management by enhancing user experience and integrating advanced technologies such as continuous glucose monitoring (CGM) compatibility, making diabetes care more dynamic and responsive. Revenue for Tandem Diabetes Care primarily flows from the sale of these insulin pumps, along with associated supplies and accessories, which are crucial for ongoing diabetes management. The company also generates income through software and technology upgrades. By offering a subscription-based model, Tandem ensures steady revenue from the continual acquisition of consumables and technology updates, fostering customer loyalty and long-term engagement. Their commitment to innovation and patient-centric solutions has not only allowed them to tap into a growing market of diabetes patients seeking improved quality of life but has also strengthened their competitive edge in a rapidly evolving healthcare landscape.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Tandem Diabetes Care Inc's most recent financial statements, the company has Operating Margin of -10.5%.
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