AQSZF (Aequus Pharmaceuticals) Operating Margin %: -35.16% (As of Sep. 2025)

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What is Aequus Pharmaceuticals Operating Margin %?

Aequus Pharmaceuticals AQSZF Operating Margin % is -35.16% as of Sep. 2025. The stock has 6 warning signs investors should review. Among 961 Drug Manufacturers companies, Aequus Pharmaceuticals ranks worse than 89.59% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Aequus Pharmaceuticals's Operating Income for the three months ended in Sep. 2025 was $-0.06 Mil. Aequus Pharmaceuticals's Revenue for the three months ended in Sep. 2025 was $0.18 Mil. Therefore, Aequus Pharmaceuticals's Operating Margin % for the quarter that ended in Sep. 2025 was -35.16%.

Warning Sign:

Aequus Pharmaceuticals Inc operating margin has been in a 5-year decline. The average rate of decline per year is -68.2%.

The historical rank and industry rank for Aequus Pharmaceuticals's Operating Margin % or its related term are showing as below:

AQSZF' s Operating Margin % Range Over the Past 10 Years
Min: -1105.88   Med: -199.15   Max: -20.29
Current: -62.57


AQSZF's Operating Margin % is ranked worse than
89.59% of 961 companies
in the Drug Manufacturers industry
Industry Median: 7.57 vs AQSZF: -62.57

Aequus Pharmaceuticals's 5-Year Average Operating Margin % Growth Rate was -68.20% per year.

Aequus Pharmaceuticals's Operating Income for the three months ended in Sep. 2025 was $-0.06 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2025 was $-0.41 Mil.

Warning Sign:

Aequus Pharmaceuticals Inc has never been profitable in the past 3 years. It lost money every year.


Aequus Pharmaceuticals  (OTCPK:AQSZF) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Aequus Pharmaceuticals Operating Margin % Related Terms


Aequus Pharmaceuticals Operating Margin % Historical Data

* Premium members only.

The historical data trend for Aequus Pharmaceuticals's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Aequus Pharmaceuticals Operating Margin % Chart

Aequus Pharmaceuticals Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -20.31 -50.35 -181.00 -1,106.32 -364.15

Aequus Pharmaceuticals Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -371.56 -137.82 -38.61 -42.14 -35.16

AQSZF vs GCAN, STEK, CBSTQ: Operating Margin % Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Aequus Pharmaceuticals's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Aequus Pharmaceuticals Operating Margin % vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Aequus Pharmaceuticals's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Aequus Pharmaceuticals's Operating Margin % falls into.



Aequus Pharmaceuticals Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Aequus Pharmaceuticals's Operating Margin % for the fiscal year that ended in Dec. 2024 is calculated as

Operating Margin %=Operating Income (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=-1.493 / 0.41
=-364.15 %

Aequus Pharmaceuticals's Operating Margin % for the quarter that ended in Sep. 2025 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2025 ) / Revenue (Q: Sep. 2025 )
=-0.064 / 0.182
=-35.16 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of -35.16% mean?
Aequus Pharmaceuticals (AQSZF) has a Operating Margin % of -35.16% as of Sep. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Aequus Pharmaceuticals and its competitors. According to the industry distribution chart, Aequus Pharmaceuticals ranks #861 out of 961 companies in the Drug Manufacturers industry, placing it in the top 89.6%.
Is Aequus Pharmaceuticals' Operating Margin % too high?
Aequus Pharmaceuticals' current Operating Margin % is -35.16%. Based on the distribution chart, Aequus Pharmaceuticals ranks #861 out of 961 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers.
How does Aequus Pharmaceuticals' Operating Margin % compare to GCAN and STEK?
According to the Drug Manufacturers industry distribution chart, Aequus Pharmaceuticals ranks #861 out of 961 companies for Operating Margin %. This places Aequus Pharmaceuticals in the lower half of its industry. The industry median Operating Margin % is 7.57. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Drug Manufacturers company?
The median Operating Margin % among Drug Manufacturers companies is 7.57, based on 961 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Aequus Pharmaceuticals and its competitors. For the Drug Manufacturers industry, the median Operating Margin % is 7.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aequus Pharmaceuticals's current Operating Margin % is -35.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aequus Pharmaceuticals stock overvalued right now?
Based on GuruFocus' analysis, Aequus Pharmaceuticals (AQSZF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.01, compared to a current price of $0.00 — trading 74% below its estimated fair value. The current Operating Margin % is -35.16%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Aequus Pharmaceuticals (AQSZF), the current Operating Margin % is -35.16% as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Aequus Pharmaceuticals Business Description

Address 200 Granville Street, Suite 2820, Vancouver, BC, CAN, V6C 1S4
Aequus Pharmaceuticals Inc is a Canada-based specialty pharmaceutical company. The firm's operating segments are the Commercial platform and Development pipeline. It generates a majority of its revenue from the Commercial platform segment. The company earns revenues from the sale of dry eye products and by providing promotional services to sell third-party-owned products namely Tacrolimus IR and Vistitan.