Global Medical REIT
GMRE
$8.09
Share price
-0.86%
Change (1 day)
-13.48%
Change (1 year)
Operating Margin for Global Medical REIT (GMRE)
Operating Margin as of April 2024 (TTM): 32.88%
According to Global Medical REIT 's latest financial reports and stock price the company's current Operating Margin is 32.88%. At the end of 2021 the company had an Operating Margin of 15.82%.
Operating Margin history for Global Medical REIT from 2015 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 15.82% | -693.39% |
| 2020 | -2.67% | -119.67% |
| 2019 | 13.56% | -50.48% |
| 2018 | 27.37% | -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.