Verra Mobility
VRRM
#3143
Rank
C$5.43 B
Marketcap
$32.99
Share price
0.43%
Change (1 day)
18.42%
Change (1 year)

Operating Margin for Verra Mobility (VRRM)

Operating Margin as of November 2024 (TTM): 15.67%

According to Verra Mobility's latest financial reports and stock price the company's current Operating Margin is 15.67%. At the end of 2023 the company had an Operating Margin of 21.25%.

Operating Margin history for Verra Mobility from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202321.25%-19.78%
202226.49%29.27%
202120.49%93.36%
202010.60%-47.95%
201920.37%4032.72%
20180.49%
201621.83%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
15.67% 0.00%๐Ÿ‡บ๐Ÿ‡ธ 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.