According to LPL Financial 's latest financial reports and stock price the company's current Operating Margin is 13.46%. At the end of 2024 the company had an Operating Margin of 11.25%.
Year | Operating Margin | Change |
---|---|---|
2024 | 11.25% | -21.75% |
2023 | 14.37% | 11.19% |
2022 | 12.92% | 65.95% |
2021 | 7.79% | -26.96% |
2020 | 10.66% | -19.15% |
2019 | 13.19% | 15.46% |
2018 | 11.42% | 34.14% |
2017 | 8.52% | 15.9% |
2016 | 7.35% | 11.16% |
2015 | 6.61% | -1.91% |
2014 | 6.74% | -4.22% |
2013 | 7.03% | 2.78% |
2012 | 6.84% | -15.75% |
2011 | 8.12% | -384.71% |
2010 | -2.85% | -208.12% |
2009 | 2.64% | -11.34% |
2008 | 2.98% | -25.01% |
2007 | 3.97% | 25.88% |
2006 | 3.15% | -61.66% |
2005 | 8.22% |
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.