According to Leggett & Platt 's latest financial reports and stock price the company's current Operating Margin is -20.72%. At the end of 2023 the company had an Operating Margin of -3.67%.
Year | Operating Margin | Change |
---|---|---|
2023 | -3.67% | -146.79% |
2022 | 7.84% | -23.81% |
2021 | 10.29% | 34.35% |
2020 | 7.66% | -9.77% |
2019 | 8.49% | -5.7% |
2018 | 9.00% | -17.81% |
2017 | 10.95% | -15.67% |
2016 | 12.99% | 13.12% |
2015 | 11.48% | 46.97% |
2014 | 7.81% | 14.34% |
2013 | 6.83% | -18.85% |
2012 | 8.42% | 30.39% |
2011 | 6.46% | -15.1% |
2010 | 7.61% | 17.13% |
2009 | 6.49% | 40.8% |
2008 | 4.61% | 38.24% |
2007 | 3.34% | -56.77% |
2006 | 7.72% | 7.48% |
2005 | 7.18% | -13.59% |
2004 | 8.31% | 15.73% |
2003 | 7.18% | -15.61% |
2002 | 8.51% | 17.74% |
2001 | 7.23% |
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.