ModivCare
MODV
$23.93
Share price
-3.66%
Change (1 day)
-66.99%
Change (1 year)
Categories
Operating Margin for ModivCare (MODV)
Operating Margin as of April 2024 (TTM): 2.03%
According to ModivCare's latest financial reports and stock price the company's current Operating Margin is 2.03%. At the end of 2021 the company had an Operating Margin of 2.04%.
Operating Margin history for ModivCare from 2003 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 2.04% | -75.63% |
| 2020 | 8.36% | -2384.27% |
| 2019 | -0.37% | -122.12% |
| 2018 | 1.65% | -58.16% |
| 2017 | 3.95% | -3424.02% |
| 2016 | -0.12% | -13.45% |
| 2015 | -0.14% | -107.33% |
| 2014 | 1.88% | -32.55% |
| 2013 | 2.78% | 84.2% |
| 2012 | 1.51% | -47.06% |
| 2011 | 2.85% | -39.26% |
| 2010 | 4.69% | 12.93% |
| 2009 | 4.16% | -117.12% |
| 2008 | -24.28% | -387.13% |
| 2007 | 8.45% | 1.12% |
| 2006 | 8.36% | -22.56% |
| 2005 | 10.80% | -7.52% |
| 2004 | 11.67% | 59.53% |
| 2003 | 7.32% | -136.66% |
| 2002 | -19.96% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 ModivCare MODV | 2.03% | 0.00% | 🇺🇸 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.