Global Medical REIT
GMRE
#5015
Rank
$0.76 B
Marketcap
$10.92
Share price
1.06%
Change (1 day)
-33.59%
Change (1 year)

Operating Margin for Global Medical REIT (GMRE)

Operating Margin as of January 2023 (TTM): 34.73%

According to Global Medical REIT 's latest financial reports and stock price the company's current Operating Margin is 34.73%. At the end of 2021 the company had an Operating Margin of 15.82%.

Operating Margin history for Global Medical REIT from 2015 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
202115.82%-693.39%
2020-2.67%-119.67%
201913.56%-50.48%
201827.37%-9647.69%
2017-0.29%-99.63%
2016-77.38%-0.86%
2015-78.06%-54.47%
2014-171.45%

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.