Vertex
VERX
#2574
Rank
โ‚น479.22 B
Marketcap
โ‚น3,081
Share price
-0.68%
Change (1 day)
60.37%
Change (1 year)

Operating Margin for Vertex (VERX)

Operating Margin as of September 2024 (TTM): -0.58%

According to Vertex's latest financial reports and stock price the company's current Operating Margin is -0.58%. At the end of 2023 the company had an Operating Margin of -3.79%.

Operating Margin history for Vertex from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-3.79%83.77%
2022-2.06%123.34%
2021-0.92%-96.8%
2020-28.79%-399.54%
20199.61%-691.44%
2018-1.63%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-33.44% 5,666.12%๐Ÿ‡บ๐Ÿ‡ธ USA

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.