Alta Equipment Group
ALTG
$11.44
Share price
-2.47%
Change (1 day)
-18.40%
Change (1 year)
Categories
Operating Margin for Alta Equipment Group (ALTG)
Operating Margin as of April 2024 (TTM): 2.69%
According to Alta Equipment Group's latest financial reports and stock price the company's current Operating Margin is 2.69%. At the end of 2021 the company had an Operating Margin of -1.42%.
Operating Margin history for Alta Equipment Group from 2020 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -1.42% | -59.51% |
| 2020 | -3.50% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Ritchie Bros. Auctioneers
RBA | 12.25% | 355.39% | 🇨🇦 Canada |
 MSC Industrial Direct MSM | 11.96% | 344.61% | 🇺🇸 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.