Quipt Home Medical
QIPT
#8349
Rank
A$0.17 B
Marketcap
$4.09
Share price
-3.53%
Change (1 day)
-51.77%
Change (1 year)

Operating Margin for Quipt Home Medical (QIPT)

Operating Margin as of September 2024 (TTM): -1.21%

According to Quipt Home Medical's latest financial reports and stock price the company's current Operating Margin is -1.21%. At the end of 2023 the company had an Operating Margin of -1.22%.

Operating Margin history for Quipt Home Medical from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-1.22%-158%
20222.10%-123.02%
2021-9.11%85.2%
2020-4.92%-55.08%
2019-10.96%-7.23%
2018-11.81%-66.16%
2017-34.90%-28.59%
2016-48.87%53.29%
2015-31.88%303.75%
2014-7.90%-87.67%
2013-64.05%362.92%
2012-13.84%-87.83%
2011-113.67%-97.29%
2010-4,197.27%1672011.81%
2009-0.25%-99.63%
2008-67.60%8132.59%
2007-0.82%-77.12%
2006-3.59%-57.11%
2005-8.37%-24.98%
2004-11.15%240.86%
2003-3.27%-13.4%
2002-3.78%-78.64%
2001-17.69%

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.