Vestis
VSTS
#4283
Rank
A$2.99 B
Marketcap
$22.78
Share price
0.13%
Change (1 day)
N/A
Change (1 year)

Operating Margin for Vestis (VSTS)

Operating Margin as of September 2024 (TTM): 8.17%

According to Vestis's latest financial reports and stock price the company's current Operating Margin is 8.17%. At the end of 2023 the company had an Operating Margin of 9.55%.

Operating Margin history for Vestis from 2023 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20239.55%33.44%
20227.15%82.63%
20213.92%-32.96%
20205.84%

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.