According to Advanced Drainage Systems 's latest financial reports and stock price the company's current Operating Margin is 21.87%. At the end of 2023 the company had an Operating Margin of 21.40%.
Year | Operating Margin | Change |
---|---|---|
2023 | 21.40% | 54.5% |
2022 | 13.85% | -12.07% |
2021 | 15.75% | -246.76% |
2020 | -10.73% | -233.14% |
2019 | 8.06% | 39.36% |
2018 | 5.78% | 12.16% |
2017 | 5.16% | 43.11% |
2016 | 3.60% | -8.73% |
2015 | 3.95% | 13.93% |
2014 | 3.46% | -9.28% |
2013 | 3.82% | -45.3% |
2012 | 6.98% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
Dover DOV | 15.13% | -30.82% | ๐บ๐ธ USA |
Raven Industries RAVN | 7.30% | -66.61% | ๐บ๐ธ USA |
Protolabs PRLB | -20.49% | -193.69% | ๐บ๐ธ USA |
Rogers Corporation
ROG | 14.45% | -33.93% | ๐บ๐ธ USA |
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.