Sono-Tek Corporation
SOTK
#8963
Rank
A$95.2 M
Marketcap
$6.04
Share price
-0.98%
Change (1 day)
-25.57%
Change (1 year)

Operating Margin for Sono-Tek Corporation (SOTK)

Operating Margin as of September 2024 (TTM): 9.95%

According to Sono-Tek Corporation's latest financial reports and stock price the company's current Operating Margin is 9.95%. At the end of 2023 the company had an Operating Margin of 5.25%.

Operating Margin history for Sono-Tek Corporation from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20235.25%-69.05%
202216.95%86.54%
20219.09%14.98%
20207.90%405.69%
20191.56%-62.61%
20184.18%427.51%
20170.79%-87.37%
20166.27%-17.55%
20157.61%27.19%
20145.98%886.94%
20130.61%-93.6%
20129.47%54.36%
20116.14%454.66%
20101.11%-107.87%
2009-14.07%5547.09%
2008-0.25%-103.11%
20078.01%-47.27%
200615.19%9.18%
200513.91%141.92%
20045.75%47.1%
20033.91%-68.5%
200212.41%42.4%
20018.71%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
17.69% 77.79%๐Ÿ‡บ๐Ÿ‡ธ USA
12.12% 21.81%๐Ÿ‡บ๐Ÿ‡ธ USA
1.53%-84.67%๐Ÿ‡บ๐Ÿ‡ธ 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.