Vitesco Technologies Group
VTSC.DE
$77.51
Share price
13.44%
Change (1 day)
13.09%
Change (1 year)
Categories
Operating Margin for Vitesco Technologies Group (VTSC.DE)
Operating Margin as of May 2024 (TTM): 1.10%
According to Vitesco Technologies Group's latest financial reports and stock price the company's current Operating Margin is 1.10%. At the end of 2022 the company had an Operating Margin of 1.08%.
Operating Margin history for Vitesco Technologies Group from 2021 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 1.08% | 168.47% |
| 2021 | 0.40% | -109.2% |
| 2020 | -4.38% | -40.29% |
| 2019 | -7.33% | -484.02% |
| 2018 | 1.91% |
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.