According to Valvoline's latest financial reports and stock price the company's current Operating Margin is 17.51%. At the end of 2023 the company had an Operating Margin of 19.40%.
Year | Operating Margin | Change |
---|---|---|
2023 | 19.40% | -0.43% |
2022 | 19.48% | -6.67% |
2021 | 20.87% | -29.45% |
2020 | 29.59% | 109.21% |
2019 | 14.14% | -18.19% |
2018 | 17.29% | -32.28% |
2017 | 25.53% | 14.52% |
2016 | 22.29% | 47.63% |
2015 | 15.10% | 16.73% |
2014 | 12.93% | -29.8% |
2013 | 18.43% |
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.