According to Allegion 's latest financial reports and stock price the company's current Operating Margin is 18.52%. At the end of 2024 the company had an Operating Margin of 21.23%.
Year | Operating Margin | Change |
---|---|---|
2024 | 21.23% | 9.11% |
2023 | 19.46% | 7.82% |
2022 | 18.04% | -9.89% |
2021 | 20.03% | 30.77% |
2020 | 15.31% | -17.73% |
2019 | 18.61% | -3.92% |
2018 | 19.37% | -6.95% |
2017 | 20.82% | 29.69% |
2016 | 16.05% | 26.63% |
2015 | 12.68% | -16.52% |
2014 | 15.19% | 34.55% |
2013 | 11.29% | -37.98% |
2012 | 18.20% | 1.16% |
2011 | 17.99% |
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.