Varex Imaging
VREX
$16.58
Share price
2.03%
Change (1 day)
-5.47%
Change (1 year)
Categories
Operating Margin for Varex Imaging (VREX)
Operating Margin as of May 2024 (TTM): 8.45%
According to Varex Imaging 's latest financial reports and stock price the company's current Operating Margin is 8.45%. At the end of 2022 the company had an Operating Margin of 5.18%.
Operating Margin history for Varex Imaging from 2016 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 5.18% | 48.12% |
| 2021 | 3.50% | -135.55% |
| 2020 | -9.83% | -457.02% |
| 2019 | 2.75% | -17.11% |
| 2018 | 3.32% | -68.99% |
| 2017 | 10.71% | -36.72% |
| 2016 | 16.93% | -16.09% |
| 2015 | 20.18% | -20.62% |
| 2014 | 25.42% | -0.59% |
| 2013 | 25.57% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 ViewRay VRAY | -105.01% | -1,342.72% | 🇺🇸 USA |
 Varex Imaging
VREX | 8.45% | 0.00% | 🇺🇸 USA |
 Nano-X Imaging NNOX | -927.76% | -11,079.41% | 🇮🇱 Israel |
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.