VNET Group
VNET
#5704
Rank
โ‚น71.89 B
Marketcap
โ‚น269.30
Share price
7.36%
Change (1 day)
5.77%
Change (1 year)

Operating Margin for VNET Group (VNET)

Operating Margin as of September 2024 (TTM): -31.51%

According to VNET Group's latest financial reports and stock price the company's current Operating Margin is -31.51%. At the end of 2022 the company had an Operating Margin of -8.92%.

Operating Margin history for VNET Group from 2010 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-8.92%-183.04%
202110.75%-120.1%
2020-53.46%1517.28%
2019-3.31%-562.36%
20180.71%-102.28%
2017-31.29%16.43%
2016-26.88%140.7%
2015-11.17%3.23%
2014-10.82%502.52%
2013-1.80%-129.17%
20126.16%5.41%
20115.84%-113.16%
2010-44.39%-613.32%
20098.65%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
13.72%-143.54%๐Ÿ‡บ๐Ÿ‡ธ USA
18.72%-159.41%๐Ÿ‡จ๐Ÿ‡ณ China

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.