Leonardo DRS
DRS
#1750
Rank
C$13.20 B
Marketcap
$49.93
Share price
2.30%
Change (1 day)
89.00%
Change (1 year)

Operating Margin for Leonardo DRS (DRS)

Operating Margin as of November 2024 (TTM): 7.80%

According to Leonardo DRS's latest financial reports and stock price the company's current Operating Margin is 7.80%. At the end of 2023 the company had an Operating Margin of 8.07%.

Operating Margin history for Leonardo DRS from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20238.07%-61.13%
202220.76%154.3%
20218.16%28.84%
20206.34%7.47%
20195.90%235.46%
20181.76%

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.