Vitesse Energy
VTS
#6087
Rank
C$1.04 B
Marketcap
$35.38
Share price
-0.33%
Change (1 day)
16.99%
Change (1 year)

Operating Margin for Vitesse Energy (VTS)

Operating Margin as of December 2024 (TTM): 27.73%

According to Vitesse Energy's latest financial reports and stock price the company's current Operating Margin is 27.73%. At the end of 2023 the company had an Operating Margin of 20.30%.

Operating Margin history for Vitesse Energy from 2023 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202320.30%-53.5%
202243.65%243.64%
202112.70%-395.56%
2020-4.30%-118.08%
201923.77%

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.