Tennant Company
TNC
#4480
Rank
C$2.43 B
Marketcap
$128.58
Share price
2.05%
Change (1 day)
23.81%
Change (1 year)

Operating Margin for Tennant Company (TNC)

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

According to Tennant Company '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 9.95%.

Operating Margin history for Tennant Company from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20239.95%36.77%
20227.28%7.15%
20216.79%65.45%
20204.11%-13.5%
20194.75%48.97%
20183.19%-2558.73%
2017-0.13%-101.58%
20168.22%32.39%
20156.21%-26.58%
20148.46%6.25%
20137.96%-1.75%
20128.10%25.4%
20116.46%24.26%
20105.20%-227.44%
2009-4.08%-262.89%
20082.51%-71.16%
20078.69%20.19%
20067.23%14.22%
20056.33%50.33%
20044.21%-14.99%
20034.95%41.01%
20023.51%10.34%
20013.18%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
12.86% 29.25%๐Ÿ‡บ๐Ÿ‡ธ USA
13.19% 32.56%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.