Array Technologies
ARRY
$12.40
Share price
3.85%
Change (1 day)
-41.04%
Change (1 year)
Categories
Operating Margin for Array Technologies (ARRY)
Operating Margin as of April 2024 (TTM): 12.31%
According to Array Technologies's latest financial reports and stock price the company's current Operating Margin is 12.31%. At the end of 2022 the company had an Operating Margin of -0.30%.
Operating Margin history for Array Technologies from 2020 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -0.30% | -95.78% |
| 2021 | -7.16% | -180.37% |
| 2020 | 8.91% | -10.58% |
| 2019 | 9.97% | -135.92% |
| 2018 | -27.75% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Novartis NVS | 17.27% | 40.29% | 🇨🇭 Switzerland |
 Eli Lilly LLY | 24.66% | 100.32% | 🇺🇸 USA |
 Amgen AMGN | 34.59% | 180.99% | 🇺🇸 USA |
 AstraZeneca AZN | 5.63% | -54.26% | 🇬🇧 UK |
 Onconova Therapeutics ONTX | -8,391.15% | -68,265.31% | 🇺🇸 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.