Company / Operating Margin
Teladoc Health, Inc. Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
-10.4%
FY2025
5-year range
-567.3% / -9.6%
FY2021-FY2025
Trend
+73.8%
vs FY2024
Sector context
#115 of 143
Health Care
What the data says
Teladoc Health, Inc.'s operating margin of -10.4% is lower than 80% of companies in the Health Care sector (FY2025). Operating Margin has fluctuated over the past 9 years, ranging from -567.3% in FY2022 to -9.6% in FY2023.
Based on SEC 10-K filings.
-10.4% in FY2025 with a 5-year CAGR of +35.9%.
Declined from -9.6% to -10.4% over the past 2 years.
Health Care sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +556.9pp
- 5-Year Change
- +35.9pp
- 10-Year Change
- -
Sector benchmark
Bottom 20% in Health CareTop 80% of 143This company -10.4% Sector average -295.2%
▼
+96.5% above sector average
Key checks
Key Insights
- In FY2025, operating margin increased 73.8% year-over-year.
- Currently 284.8pp above the Health Care sector average.
- Peak operating margin was recorded in FY2023.
- Lowest operating margin in the period was in FY2022.
Company context
Key Data Points
- Altman Z-Score -3.70 (distress zone, below 1.8 threshold)
- Negative profit margin: -8.8%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -10.4% | +73.8% |
| FY2024 | -39.7% | -316.0% |
| FY2023 | -9.6% | +98.3% |
| FY2022 | -567.3% | -4241.0% |
| FY2021 | -13.1% | +71.8% |
| FY2020 | -46.3% | - |
| FY2019 | - | - |
| FY2018 | -17.0% | +47.6% |
| FY2017 | -32.3% | +36.5% |
| FY2016 | -50.9% | +29.4% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026