Pet Valu
PET.TO
#4974
Rank
โ‚ฌ1.31 B
Marketcap
18,43ย โ‚ฌ
Share price
0.93%
Change (1 day)
-1.41%
Change (1 year)

Operating Margin for Pet Valu (PET.TO)

Operating Margin as of November 2024 (TTM): 14.80%

According to Pet Valu's latest financial reports and stock price the company's current Operating Margin is 14.80%. At the end of 2022 the company had an Operating Margin of 14.57%.

Operating Margin history for Pet Valu from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202214.57%-9.6%
202116.12%160.86%
20206.18%20.8%
20195.12%19.19%
20184.29%

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.