Bassett Furniture
BSET
$14.15
Share price
1.80%
Change (1 day)
-35.74%
Change (1 year)
Categories
Operating Margin for Bassett Furniture (BSET)
Operating Margin as of September 2023 (TTM): 6.41%
According to Bassett Furniture's latest financial reports and stock price the company's current Operating Margin is 6.41%. At the end of 2021 the company had an Operating Margin of 4.98%.
Operating Margin history for Bassett Furniture from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 4.98% | -214.53% |
| 2020 | -4.35% | 1030.28% |
| 2019 | -0.38% | -114.41% |
| 2018 | 2.67% | -56.63% |
| 2017 | 6.16% | 3.25% |
| 2016 | 5.97% | -19.32% |
| 2015 | 7.40% | 72.51% |
| 2014 | 4.29% | 68.23% |
| 2013 | 2.55% | -42.8% |
| 2012 | 4.46% | -81.12% |
| 2011 | 23.60% | -2614.23% |
| 2010 | -0.94% | -91.07% |
| 2009 | -10.51% | 29.4% |
| 2008 | -8.12% | 71.7% |
| 2007 | -4.73% | -340.46% |
| 2006 | 1.97% | -30.19% |
| 2005 | 2.82% | -18.04% |
| 2004 | 3.44% | 123.78% |
| 2003 | 1.54% | -45.46% |
| 2002 | 2.82% | -333.67% |
| 2001 | -1.21% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Flexsteel Industries FLXS | 2.12% | -66.93% | 🇺🇸 USA |
 Ethan Allen
ETD | 17.79% | 177.54% | 🇺🇸 USA |
 Hooker Furniture HOFT | -0.96% | -114.98% | 🇺🇸 USA |
 La-Z-Boy
LZB | 8.71% | 35.88% | 🇺🇸 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.