Viemed Healthcare
VMD
#7324
Rank
HK$2.21 B
Marketcap
HK$57.14
Share price
-1.74%
Change (1 day)
2.18%
Change (1 year)
Categories

Operating Margin for Viemed Healthcare (VMD)

Operating Margin as of September 2024 (TTM): 7.36%

According to Viemed Healthcare's latest financial reports and stock price the company's current Operating Margin is 7.36%. At the end of 2023 the company had an Operating Margin of 7.86%.

Operating Margin history for Viemed Healthcare from 2017 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20237.86%21.44%
20226.48%-39.37%
202110.68%-46.8%
202020.08%83.19%
201910.96%-26.94%
201815.00%-14.06%
201717.45%4921.1%
20160.35%

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.