Varroc
VARROC.NS
#5429
Rank
C$1.39 B
Marketcap
$9.15
Share price
0.25%
Change (1 day)
14.51%
Change (1 year)

Operating Margin for Varroc (VARROC.NS)

Operating Margin as of September 2024 (TTM): 6.47%

According to Varroc's latest financial reports and stock price the company's current Operating Margin is 6.47%. At the end of 2023 the company had an Operating Margin of 1.22%.

Operating Margin history for Varroc from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20231.22%-334.34%
2022-0.52%-117.78%
20212.92%718.07%
20200.36%-91.76%
20194.34%-14.1%
20185.05%42.75%
20173.54%-28.92%
20164.98%428.96%
20150.94%

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.