Velocity Financial
VEL
$17.94
Share price
1.30%
Change (1 day)
101.80%
Change (1 year)
Categories
Operating Margin for Velocity Financial (VEL)
Operating Margin as of May 2024 (TTM): 49.53%
According to Velocity Financial's latest financial reports and stock price the company's current Operating Margin is 49.53%. At the end of 2021 the company had an Operating Margin of 52.44%.
Operating Margin history for Velocity Financial from 2019 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 52.44% | 49.57% |
| 2020 | 35.06% | -25.09% |
| 2019 | 46.81% | 10.88% |
| 2018 | 42.21% | 1.51% |
| 2017 | 41.59% | 50.79% |
| 2016 | 27.58% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 New Residential Investment NRZ | 0.00% | N/A | 🇺🇸 USA |
 Ocwen OCN | 15.89% | -67.92% | 🇺🇸 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.