Vitesco Technologies Group
VTSC.DE
#4143
Rank
ยฃ1.66 B
Marketcap
ยฃ40.82
Share price
-1.55%
Change (1 day)
-40.60%
Change (1 year)

Operating Margin for Vitesco Technologies Group (VTSC.DE)

Operating Margin as of September 2024 (TTM): 3.31%

According to Vitesco Technologies Group's latest financial reports and stock price the company's current Operating Margin is 3.31%. At the end of 2023 the company had an Operating Margin of 1.58%.

Operating Margin history for Vitesco Technologies Group from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20231.58%46.15%
20221.08%168.47%
20210.40%-109.2%
2020-4.38%-40.29%
2019-7.33%-484.02%
20181.91%

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.