According to Carborundum Universal's latest financial reports and stock price the company's current Operating Margin is 13.45%. At the end of 2023 the company had an Operating Margin of 13.12%.
Year | Operating Margin | Change |
---|---|---|
2023 | 13.12% | -10.41% |
2022 | 14.64% | -4.16% |
2021 | 15.28% | 10.13% |
2020 | 13.87% | -1.95% |
2019 | 14.15% | 0.4% |
2018 | 14.09% | 4.89% |
2017 | 13.43% | 3.87% |
2016 | 12.93% | 6.33% |
2015 | 12.16% | 39.87% |
2014 | 8.70% | -5.35% |
2013 | 9.19% | -48.04% |
2012 | 17.68% | -3.69% |
2011 | 18.36% | 5.48% |
2010 | 17.40% | -10.7% |
2009 | 19.49% | -20.96% |
2008 | 24.66% | 12.35% |
2007 | 21.95% | -23.12% |
2006 | 28.55% | 40.06% |
2005 | 20.38% |
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.