Vintage Wine Estates
VWE
$0.26
Share price
-9.69%
Change (1 day)
-77.99%
Change (1 year)
Categories
Operating Margin for Vintage Wine Estates (VWE)
Operating Margin as of May 2024 (TTM): 3.60%
According to Vintage Wine Estates's latest financial reports and stock price the company's current Operating Margin is 3.60%. At the end of 2022 the company had an Operating Margin of 0.13%.
Operating Margin history for Vintage Wine Estates from 2021 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 0.13% | -97.36% |
| 2021 | 4.92% | -147.51% |
| 2020 | -10.35% |
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.