Viemed Healthcare (VMD) Net Margin (2018 - 2026)
Viemed Healthcare's Net Margin came in at 3.54% for Q2 2026, down 1.47 percentage points from 5.01% a year earlier but up 0.12 percentage points from the prior quarter.
Viemed Healthcare (VMD) Net Margin (2018 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Viemed Healthcare reported Net Margin of 4.81%, down 1.00 percentage points year-over-year; for FY2025, it was 5.53%, up 0.50 percentage points from FY2024.
- Net Margin carries a five-year change of -18.49 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 5.02% in FY2024 (-0.57 pp), 5.60% in FY2023 (+1.12 pp), 4.48% in FY2022 (-3.31 pp) and 7.80% in FY2021 (-16.22 pp).
- The five-year range for quarterly Net Margin is 2.67% (Q2 2024) to 12.79% (Q4 2021).
- Year-over-year, Net Margin increased in five of the last eight quarters, with an average year-over-year change of +0.08 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q3 2023 (a gain of 2.96 percentage points), and the weakest in Q4 2022 (a drop of 6.29 percentage points).
- Business Quant data shows VMD's Net Margin at 3.42% (Q1 2026), 7.40% (Q4 2025) and 4.89% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | 8.40% |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | -8.90% |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | 10.52% |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | 8.01% |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | -35.87% |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | 14.68% |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | 1.48% |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | 9.63% |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | 7.47% |
| 10 | Viemed Healthcare | 346.98 Mn | 303.85 Mn | 45.05 Mn | 3.54% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.54% |
| Mar 31, 2026 | 3.42% |
| Dec 31, 2025 | 7.40% |
| Sep 30, 2025 | 4.89% |
| Jun 30, 2025 | 5.01% |
| Mar 31, 2025 | 4.44% |
| Dec 31, 2024 | 7.11% |
| Sep 30, 2024 | 6.69% |
| Jun 30, 2024 | 2.67% |
| Mar 31, 2024 | 3.17% |
| Dec 31, 2023 | 6.85% |
| Sep 30, 2023 | 5.91% |
| Jun 30, 2023 | 5.38% |
| Mar 31, 2023 | 3.84% |
| Dec 31, 2022 | 6.50% |
| Sep 30, 2022 | 2.95% |
| Jun 30, 2022 | 2.90% |
| Mar 31, 2022 | 5.46% |
| Dec 31, 2021 | 12.79% |
| Sep 30, 2021 | 6.11% |
Viemed Healthcare Net 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=net-margin&ticker=VMD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "VMD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=VMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();