Vericity
VERY
#8149
Rank
NZ$0.27 B
Marketcap
$18.79
Share price
0.00%
Change (1 day)
3.56%
Change (1 year)

Operating Margin for Vericity (VERY)

Operating Margin as of October 2024 (TTM): -8.52%

According to Vericity's latest financial reports and stock price the company's current Operating Margin is -8.52%. At the end of 2022 the company had an Operating Margin of -13.77%.

Operating Margin history for Vericity from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-13.77%42.72%
2021-9.65%-47.77%
2020-18.47%23.73%
2019-14.93%14.26%
2018-13.06%38.34%
2017-9.44%

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.