Viemed Healthcare
VMD
$8.18
Share price
-0.12%
Change (1 day)
-22.24%
Change (1 year)
Categories
Operating Margin for Viemed Healthcare (VMD)
Operating Margin as of May 2024 (TTM): 6.68%
According to Viemed Healthcare's latest financial reports and stock price the company's current Operating Margin is 6.68%. At the end of 2021 the company had an Operating Margin of 10.68%.
Operating Margin history for Viemed Healthcare from 2017 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 10.68% | -46.8% |
| 2020 | 20.08% | 83.19% |
| 2019 | 10.96% | -30.81% |
| 2018 | 15.84% | -9.25% |
| 2017 | 17.45% | 4921.1% |
| 2016 | 0.35% |
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.