Varex Imaging
VREX
#6711
Rank
ยฃ0.33 B
Marketcap
ยฃ8.29
Share price
-1.36%
Change (1 day)
-44.71%
Change (1 year)

Operating Margin for Varex Imaging (VREX)

Operating Margin as of September 2024 (TTM): 3.59%

According to Varex Imaging 's latest financial reports and stock price the company's current Operating Margin is 3.59%. At the end of 2023 the company had an Operating Margin of 3.50%.

Operating Margin history for Varex Imaging from 2016 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20233.50%-32.34%
20225.18%48.12%
20213.50%-135.55%
2020-9.83%-457.02%
20192.75%-17.11%
20183.32%-68.99%
201710.71%-36.72%
201616.93%-16.09%
201520.18%-20.62%
201425.42%-0.59%
201325.57%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-105.01%-3,025.07%๐Ÿ‡บ๐Ÿ‡ธ USA
3.59% 0.00%๐Ÿ‡บ๐Ÿ‡ธ USA
-521.88%-14,637.05%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel

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.