Quipt Home Medical
QIPT
#7037
Rank
$0.18 B
Marketcap
$4.34
Share price
0.46%
Change (1 day)
-33.02%
Change (1 year)

Operating Margin for Quipt Home Medical (QIPT)

Operating Margin as of March 2024 (TTM): 2.09%

According to Quipt Home Medical's latest financial reports and stock price the company's current Operating Margin is 2.09%. At the end of 2022 the company had an Operating Margin of 2.10%.

Operating Margin history for Quipt Home Medical from 2021 to 2010

Operating Margin at the end of each year

Year Operating Margin Change
20222.10%-123.02%
2021-9.11%64.24%
2020-5.55%-49.35%
2019-10.96%23.19%
2018-8.90%-74.51%
2017-34.90%-43.58%
2016-61.86%90.3%
2015-32.51%311.67%
2014-7.90%-87.67%
2013-64.05%362.9%
2012-13.84%-87.44%
2011-110.14%-97.38%
2010-4,197.27%1672011.81%
2009-0.25%-99.63%
2008-67.60%8132.59%
2007-0.82%-77.12%
2006-3.59%-57.11%
2005-8.37%-59.57%
2004-20.70%532.56%
2003-3.27%-13.4%
2002-3.78%-78.64%
2001-17.69%

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.