Verra Mobility Corporation

NasdaqCM VRRM

Verra Mobility Corporation Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2024: 86.24%

Verra Mobility Corporation Gross Profit Margin is 86.24% for the Trailing 12 Months (TTM) ending September 30, 2024, a -8.95% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.

Verra Mobility Corporation Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2023 was 94.71%, a 2.21% change year over year.
Verra Mobility Corporation Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2022 was 92.66%, a -2.31% change year over year.
Verra Mobility Corporation Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2021 was 94.85%, a 3.15% change year over year.
Verra Mobility Corporation Gross Profit Margin for the Trailing 12 Months (TTM) ending September 30, 2020 was 91.96%, a -4.17% change year over year.

Key data

Date	Gross Profit Margin	Operating Income Margin	EBT Margin	Net Income Margin

NasdaqCM: VRRM

Verra Mobility Corporation

CEO	Mr. David Martin Roberts
IPO Date	March 24, 2017
Location	United States
Headquarters	1150 North Alma School Road
Employees	1,581
Sector	Consumer Discretionary
Industries Electric Vehicles (EVs) Automobiles & Vehicles

Description

Verra Mobility Corporation provides smart mobility technology solutions and services in the United States, Australia, Canada, and Europe. It operates through three segments: Commercial Services; Government Solutions; and Parking Solutions. The Government Solutions segment offers automated safety solutions, including services and technologies that enable photo enforcement through road safety camera programs, which detects and process traffic violations related to red light, speed, school bus, and city bus lanes. This segment serves municipalities, counties, school districts, and law enforcement agencies. The Commercial Services segment provides automated toll and violations management, and title and registration services to rental car companies, fleet management companies, and other large fleet owners. The Parking Solutions segment provides an integrated suite of parking software and hardware solutions to universities, municipalities, parking operators, healthcare facilities, and transportation hubs. The company was incorporated in 2016 and is headquartered in Mesa, Arizona.

Key trends

Past 5 years