Valuation check: AVGR's profit margin is -145.15%, below the Healthcare sector average of 9.48%.
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+ FollowAs of Sep 2024
Trailing 12 months ending Sep 2024
Avinger (AVGR) currently reports a profit margin of -145.15% as of September 2024. That compares with -193.27% in the prior-year period — up 24.9% year over year. That is below the Healthcare sector average of 9.48%. Use the charts on this page to explore Avinger's profit margin history and peer comparisons.
Avinger's profit margin increased from -193.27% to -145.15% — a 24.9% year-over-year increase (period ending September 2024). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.
Avinger's profit margin of -145.15% is lower than the Healthcare sector average of 9.48%. That is roughly 1631.0% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
There is no universal 'good' profit margin, but Avinger's current -145.15% should be judged against Healthcare norms (sector average: 9.48%) and against AVGR's own history. Strong, stable readings often indicate durable competitive advantage; volatile or declining ones deserve a closer look at margins and capital efficiency.
Start with the current profit margin of -145.15%, then check the historical chart for trend and the peer comparison chart for relative positioning. The Healthcare average is 9.48%. From there, open related valuation or income-statement pages for Avinger, and consider following AVGR for alerts when major investors trade the stock.