According to Custom Truck One Source's latest financial reports and stock price the company's current Operating Margin is -1.93%. At the end of 2023 the company had an Operating Margin of 3.11%.
Year | Operating Margin | Change |
---|---|---|
2023 | 3.11% | 4.82% |
2022 | 2.97% | -119.58% |
2021 | -15.17% | -10.56% |
2020 | -16.96% | 35.56% |
2019 | -12.51% | 122.98% |
2018 | -5.61% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
![]() | 15.54% | -905.18% | ๐บ๐ธ USA |
![]() | 5.20% | -369.43% | 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.