Velocity Financial
VEL
#6224
Rank
A$0.97 B
Marketcap
$29.41
Share price
0.31%
Change (1 day)
67.31%
Change (1 year)

Operating Margin for Velocity Financial (VEL)

Operating Margin as of September 2024 (TTM): 44.44%

According to Velocity Financial's latest financial reports and stock price the company's current Operating Margin is 44.44%. At the end of 2023 the company had an Operating Margin of 45.59%.

Operating Margin history for Velocity Financial from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202345.59%-2.62%
202246.81%-8.84%
202151.35%46.46%
202035.06%-25.09%
201946.81%10.88%
201842.21%1.51%
201741.59%50.79%
201627.58%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
0.00%N/A๐Ÿ‡บ๐Ÿ‡ธ USA
23.95%-46.11%๐Ÿ‡บ๐Ÿ‡ธ USA

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.