Modiv
MDV
#8106
Rank
C$0.20 B
Marketcap
$21.70
Share price
-1.84%
Change (1 day)
20.68%
Change (1 year)

Operating Margin for Modiv (MDV)

Operating Margin as of September 2024 (TTM): 35.15%

According to Modiv's latest financial reports and stock price the company's current Operating Margin is 35.15%. At the end of 2023 the company had an Operating Margin of -18.53%.

Operating Margin history for Modiv from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-18.53%79.97%
2022-10.29%795.65%
2021-1.15%-99.1%
2020-127.18%606.9%
2019-17.99%

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.