Applied Industrial Technologies
AIT
$178.94
Share price
-3.84%
Change (1 day)
30.76%
Change (1 year)
Operating Margin for Applied Industrial Technologies (AIT)
Operating Margin as of April 2024 (TTM): 8.65%
According to Applied Industrial Technologies 's latest financial reports and stock price the company's current Operating Margin is 8.65%. At the end of 2022 the company had an Operating Margin of 8.65%.
Operating Margin history for Applied Industrial Technologies from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 8.65% | 58.16% |
| 2021 | 5.47% | 221.52% |
| 2020 | 1.70% | -69.61% |
| 2019 | 5.60% | -15.93% |
| 2018 | 6.66% | 3.48% |
| 2017 | 6.44% | 105.35% |
| 2016 | 3.13% | -50.96% |
| 2015 | 6.39% | -5.43% |
| 2014 | 6.76% | -6.33% |
| 2013 | 7.22% | 2.75% |
| 2012 | 7.02% | 1.65% |
| 2011 | 6.91% | 24.55% |
| 2010 | 5.55% | 62.09% |
| 2009 | 3.42% | -52.87% |
| 2008 | 7.26% | 9.28% |
| 2007 | 6.64% | 11.67% |
| 2006 | 5.95% | 18.33% |
| 2005 | 5.03% | 64.14% |
| 2004 | 3.06% | 45.02% |
| 2003 | 2.11% | 28.63% |
| 2002 | 1.64% | -41.13% |
| 2001 | 2.79% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Fastenal FAST | 20.62% | 138.38% | 🇺🇸 USA |
 Genuine Parts Company
GPC | 7.05% | -18.50% | 🇺🇸 USA |
 W. W. Grainger
GWW | 14.09% | 62.89% | 🇺🇸 USA |
 H&E Equipment Services HEES | 14.93% | 72.60% | 🇺🇸 USA |
 DXP Enterprises DXPE | 4.45% | -48.55% | 🇺🇸 USA |
 WESCO International
WCC | 6.63% | -23.35% | 🇺🇸 USA |
 MSC Industrial Direct MSM | 11.96% | 38.27% | 🇺🇸 USA |
 Kaman KAMN | -9.43% | -209.02% | 🇺🇸 USA |
 Curtiss-Wright
CW | 15.47% | 78.84% | 🇺🇸 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.