WELL Health Technologies
WELL.TO
#5682
Rank
$0.91 B
Marketcap
$3.68
Share price
2.19%
Change (1 day)
29.61%
Change (1 year)

Operating Margin for WELL Health Technologies (WELL.TO)

Operating Margin as of November 2024 (TTM): 21.91%

According to WELL Health Technologies's latest financial reports and stock price the company's current Operating Margin is 21.91%. At the end of 2023 the company had an Operating Margin of 2.51%.

Operating Margin history for WELL Health Technologies from 2017 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20232.51%-18.41%
20223.08%-136.83%
2021-8.36%-40.18%
2020-13.98%-40.89%
2019-23.65%-31.45%
2018-34.49%
2016-205.68%

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.