According to Kontoor Brands 's latest financial reports and stock price the company's current Operating Margin is 12.88%. At the end of 2023 the company had an Operating Margin of 10.43%.
Year | Operating Margin | Change |
---|---|---|
2023 | 10.43% | -14.02% |
2022 | 12.13% | 22.76% |
2021 | 9.88% | 184.15% |
2020 | 3.48% | -34.45% |
2019 | 5.30% | -56.89% |
2018 | 12.30% | -3.05% |
2017 | 12.69% | -9.53% |
2016 | 14.03% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
-5.42% | -142.08% | ๐บ๐ธ USA | |
3.39% | -73.68% | ๐บ๐ธ USA | |
12.88% | 0.00% | ๐บ๐ธ USA |
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.