According to Veritex Holdings 's latest financial reports and stock price the company's current Operating Margin is 42.90%. At the end of 2021 the company had an Operating Margin of 52.88%.
Year | Operating Margin | Change |
---|---|---|
2021 | 52.88% | 87.97% |
2020 | 28.13% | -23.48% |
2019 | 36.76% | -7.73% |
2018 | 39.84% | 7.56% |
2017 | 37.04% | -7.57% |
2016 | 40.07% | 9.17% |
2015 | 36.71% | 29.17% |
2014 | 28.42% | 28.42% |
2013 | 22.13% | 184.17% |
2012 | 7.79% | 783.62% |
2011 | 0.88% |
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.