Beam Therapeutics EBIT margin
What is the EBIT margin of Beam Therapeutics?
The EBIT margin of Beam Therapeutics Inc. is -40.16%
What is the definition of EBIT margin?
EBIT margin is a profitability ratio that measures earnings of the company as a percentage of revenue without taking into account the effect of taxes and interest.
ttm (trailing twelve months)
EBIT margin measures the profitability and operational efficiency of a company. It compares the amount of money that remains after the cost of goods and all operating expenses are subtracted from net revenue to sales. EBIT margin is calculated as earnings before interest and taxes divided by net revenue.
EBIT and EBIT margin evaluate how well a business manages its operations. Interest and taxes are not operating expenses and don’t impact operating efficiency. EBIT margin is usually used to compare operational efficiency and profitability of companies within the same industry. Taxes can vary by location thus excluding them from the calculation gives a better basis for comparing different companies.
EBIT and operating income are often used interchangeably, but there is a difference between them, which can cause the numbers to give different results. The key difference is that operating income does not include non-operating income, non-operating expenses, and other income.
EBIT margin of companies in the Health Care sector on NASDAQ compared to Beam Therapeutics
What does Beam Therapeutics do?
Beam Therapeutics Inc., a biotechnology company, develops precision genetic medicines for patients suffering from serious diseases in the United States. The company is developing BEAM-101 for the treatment of sickle cell disease and beta thalassemia; BEAM-102 for the treatment of sickle cell disease; and BEAM-201, an allogeneic chimeric antigen receptor T cell for the treatment of relapsed/refractory T-cell acute lymphoblastic leukemia. It also develops therapies for alpha-1 antitrypsin deficiency and glycogen storage disorder 1a; and therapies for ocular and central nervous system disorders. The company has a strategic alliance with Boston Children's Hospital; a research and clinical collaboration agreement with Magenta Therapeutics, Inc.; and a research collaboration with the Institute of Molecular and Clinical Ophthalmology Basel. It also has a research collaboration with Apellis Pharmaceuticals, Inc. to apply base editing technology for discovering new treatments for complement-driven diseases. Beam Therapeutics Inc. was incorporated in 2017 and is headquartered in Cambridge, Massachusetts.
Companies with ebit margin similar to Beam Therapeutics
- Texmaco Infrastructure & has EBIT margin of -40.41%
- Sands China has EBIT margin of -40.39%
- ACADIA Pharmaceuticals has EBIT margin of -40.32%
- Tattooed Chef has EBIT margin of -40.30%
- Next Mediaworks has EBIT margin of -40.26%
- Reliance Communications has EBIT margin of -40.19%
- Beam Therapeutics has EBIT margin of -40.16%
- India Steel Works has EBIT margin of -40.14%
- Mahindra Lifespace Developers has EBIT margin of -40.12%
- On Track Innovations has EBIT margin of -40.11%
- On Track Innovations has EBIT margin of -40.11%
- Upland Software Inc has EBIT margin of -40.01%
- 1Life Healthcare has EBIT margin of -39.95%