Allegro MicroSystems
ALGM
$29.13
Share price
1.25%
Change (1 day)
-29.18%
Change (1 year)
Categories
Operating Margin for Allegro MicroSystems (ALGM)
Operating Margin as of April 2024 (TTM): 25.83%
According to Allegro MicroSystems's latest financial reports and stock price the company's current Operating Margin is 25.83%. At the end of 2023 the company had an Operating Margin of 21.95%.
Operating Margin history for Allegro MicroSystems from 2020 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 21.95% | 25.29% |
| 2022 | 17.52% | 8889.83% |
| 2021 | 0.19% | -97.63% |
| 2020 | 8.21% | -40.9% |
| 2019 | 13.90% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Power Integrations
POWI | 28.17% | 9.06% | 🇺🇸 USA |
 Photronics PLAB | 28.98% | 12.20% | 🇺🇸 USA |
 PDF Solutions PDFS | 0.31% | -98.80% | 🇺🇸 USA |
What is a company's Operating Margin
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.