Therma BrightTSXV:THRM Operating Margin % is -327.14% as of Apr. 2026. The stock has 5 warning signs investors should review. Among 815 Medical Devices & Instruments companies, Therma Bright ranks worse than 93.87% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Therma Bright's Operating Income for the
three
months ended in Apr. 2026 was C$-0.23 Mil. Therma Bright's Revenue for the
three
months ended in Apr. 2026 was C$0.07 Mil. Therefore, Therma Bright's Operating Margin % for the quarter that ended in Apr. 2026 was -327.14%.
Good Sign:
Therma Bright Inc operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Therma Bright's Operating Margin % or its related term are showing as below:
TSXV:THRM'
s Operating Margin % Range Over the Past 10 Years
Min: -214850 Med: -5253.57 Max: -911.85
Current: -911.85
TSXV:THRM's Operating Margin % is ranked worse than 93.87% of 815
companies
in the Medical Devices & Instruments industry
Industry Median: 3.41
vs TSXV:THRM: -911.85
Therma Bright's 5-Year Average Operating Margin % Growth Rate was 43.20% per year.
Therma Bright's Operating Income for the
three
months ended in Apr. 2026 was C$-0.23 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 was C$-1.23 Mil.
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 Nokias 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.
Therma Bright Operating Margin % Related Terms
Therma Bright Operating Margin % Historical Data
* Premium members only.
The historical data trend for Therma Bright'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.
TSXV:THRM vs ABT, SYK, MDT: Operating Margin % Comparison
For the Medical Devices subindustry, Therma Bright'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.
Therma Bright Operating Margin % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Therma Bright's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Therma Bright's Operating Margin % falls into.
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.
Therma Bright's Operating Margin % for the fiscal year that ended in Jul. 2025 is calculated as
* 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.
Therma Bright (TSXV:THRM) has a Operating Margin % of -327.14% as of Apr. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Therma Bright and its competitors. According to the industry distribution chart, Therma Bright ranks #765 out of 815 companies in the Medical Devices & Instruments industry, placing it in the top 93.9%.
Is Therma Bright's Operating Margin % too high?
Therma Bright's current Operating Margin % is -327.14%. Based on the distribution chart, Therma Bright ranks #765 out of 815 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers.
How does Therma Bright's Operating Margin % compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Therma Bright ranks #765 out of 815 companies for Operating Margin %. This places Therma Bright in the lower half of its industry. The industry median Operating Margin % is 3.41. 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 Medical Devices & Instruments company?
The median Operating Margin % among Medical Devices & Instruments companies is 3.41, based on 815 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 Therma Bright and its competitors. For the Medical Devices & Instruments industry, the median Operating Margin % is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Therma Bright's current Operating Margin % is -327.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Therma Bright stock overvalued right now?
Therma Bright (TSXV:THRM) has a current Operating Margin % of -327.14%. The current Operating Margin % is -327.14%. 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 Therma Bright (TSXV:THRM), the current Operating Margin % is -327.14% as of Apr. 2026. 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.
Therma Bright Inc is a developer and partner in a range of proprietary diagnostic and medical device technologies focused on providing consumers and medical professionals with solutions to address important medical and healthcare challenges. The Company is developing, acquiring, manufacturing and marketing proprietary healthcare and medical devices for the consumer and institutional marketplace focused on 3 key strategic areas: respiratory disease, vascular health, and consumer medical devices.
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