Global Medical REIT
GMRE
#6094
Rank
โ‚น55.90 B
Marketcap
โ‚น852.36
Share price
0.20%
Change (1 day)
7.85%
Change (1 year)

Operating Margin for Global Medical REIT (GMRE)

Operating Margin as of September 2024 (TTM): 24.53%

According to Global Medical REIT 's latest financial reports and stock price the company's current Operating Margin is 24.53%. At the end of 2023 the company had an Operating Margin of 15.42%.

Operating Margin history for Global Medical REIT from 2015 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202315.42%5.79%
202214.58%-7.96%
202115.84%-692.72%
2020-2.67%-119.65%
201913.60%-50.38%
201827.40%-9619.28%
2017-0.29%-99.63%
2016-78.63%0.13%
2015-78.53%-54.29%
2014-171.78%

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.