Village Farms International (VFF) Operating Margin (2019 - 2026)
Village Farms International's Operating Margin was 17.45% in Q2 2026, up 5.88 percentage points from 11.57% a year earlier and up 7.41 percentage points from the prior quarter.
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Analysis
Village Farms International (VFF) Operating Margin (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Village Farms International's Operating Margin was 16.09% through Jun 30, 2026, up 25.08 percentage points year-over-year; for FY2025, it was 17.38%, up 19.81 percentage points from FY2024.
- Operating Margin shows a five-year change of +26.10 percentage points (FY2020 to FY2025).
- In earlier years, Operating Margin was -2.43% in FY2024 (-6.52 pp), 4.09% in FY2023 (+15.24 pp), -11.16% in FY2022 (-7.90 pp) and -3.26% in FY2021 (+5.46 pp).
- Quarterly Operating Margin has moved between -43.73% (Q4 2024) and 24.48% (Q3 2025) over five years.
- Compared with a year earlier, Operating Margin has increased for five straight quarters, with an average year-over-year change of +15.41 percentage points over the last seven quarters.
- The best year-over-year quarter for Operating Margin over five years was Q4 2025 (a gain of 52.91 percentage points); the worst was Q1 2025 (a drop of 20.35 percentage points).
- Per Business Quant data, VFF's Operating Margin in the three quarters before Q2 2026 was 10.04% (Q1 2026), 9.19% (Q4 2025) and 24.48% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn | 40.48% |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - | - |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn | 51.32% |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn | 1.24% |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | 12.90% |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn | -136.75% |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn | 6.51% |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn | 10.49% |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn | 11.69% |
| 10 | Village Farms International | 382.59 Mn | 101.89 Mn | 29.97 Mn | 17.45% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.45% |
| Mar 31, 2026 | 10.04% |
| Dec 31, 2025 | 9.19% |
| Sep 30, 2025 | 24.48% |
| Jun 30, 2025 | 11.57% |
| Mar 31, 2025 | -18.04% |
| Dec 31, 2024 | -43.73% |
| Sep 30, 2024 | 3.84% |
| Jun 30, 2024 | -6.38% |
| Mar 31, 2024 | 2.31% |
| Sep 30, 2023 | 1.10% |
| Jun 30, 2023 | -6.80% |
| Mar 31, 2023 | -7.90% |
| Dec 31, 2022 | -21.77% |
| Sep 30, 2022 | -13.26% |
| Jun 30, 2022 | -14.71% |
| Mar 31, 2022 | -11.45% |
| Dec 31, 2021 | -5.23% |
| Sep 30, 2021 | 6.37% |
| Jun 30, 2021 | -5.34% |
API Access
Village Farms International Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=VFF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "VFF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=VFF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();