Covetrus
CVET
#3627
Rank
NZ$4.86 B
Marketcap
$34.70
Share price
0.00%
Change (1 day)
10.91%
Change (1 year)

Operating Margin for Covetrus (CVET)

Operating Margin as of October 2024 (TTM): -0.55%

According to Covetrus 's latest financial reports and stock price the company's current Operating Margin is -0.55%. At the end of 2021 the company had an Operating Margin of -1.18%.

Operating Margin history for Covetrus from 2018 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
2021-1.18%113.39%
2020-0.55%-97.86%
2019-25.88%-782.9%
20183.79%-2.24%
20173.88%2.52%
20163.78%3.8%
20153.64%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
28.98%-5,369.09%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.55% 0.00%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.