Veritas Farms, Inc. Annual Operating Margin in % from 2017 to 2022

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Veritas Farms, Inc. quarterly/annual Operating Margin history and growth rate from 2017 to 2022.
  • Veritas Farms, Inc. Operating Margin for the quarter ending September 30, 2023 was -554 %, a 34% decline year-over-year.
  • Veritas Farms, Inc. annual Operating Margin for 2022 was -514 %, a 104% decline from 2021.
  • Veritas Farms, Inc. annual Operating Margin for 2021 was -252 %, a 110% decline from 2020.
  • Veritas Farms, Inc. annual Operating Margin for 2020 was -120 %, a 21.5% increase from 2019.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2022 -514 -262 -104% Jan 1, 2022 Dec 31, 2022
2021 -252 -132 -110% Jan 1, 2021 Dec 31, 2021
2020 -120 +32.8 +21.5% Jan 1, 2020 Dec 31, 2020
2019 -153 +59.2 +28% Jan 1, 2019 Dec 31, 2019
2018 -212 -92.3 -77.2% Jan 1, 2018 Dec 31, 2018
2017 -120 Jan 1, 2017 Dec 31, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.