According to Daimler Truck's latest financial reports and stock price the company's current Operating Margin is 7.76%. At the end of 2022 the company had an Operating Margin of 7.25%.
Year | Operating Margin | Change |
---|---|---|
2022 | 7.25% | -15.94% |
2021 | 8.63% | 414.31% |
2020 | 1.68% | -74.11% |
2019 | 6.48% | 0.36% |
2018 | 6.46% |
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.