Carpenter Technology
CRS
$79.38
Share price
2.08%
Change (1 day)
66.17%
Change (1 year)
Categories
Operating Margin for Carpenter Technology (CRS)
Operating Margin as of April 2024 (TTM): -3.43%
According to Carpenter Technology's latest financial reports and stock price the company's current Operating Margin is -3.43%. At the end of 2022 the company had an Operating Margin of -3.44%.
Operating Margin history for Carpenter Technology from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -3.44% | -82.98% |
| 2021 | -20.19% | -7318.51% |
| 2020 | 0.28% | -96.92% |
| 2019 | 9.07% | 22.23% |
| 2018 | 7.42% | 90.12% |
| 2017 | 3.91% | 229.38% |
| 2016 | 1.19% | -70.37% |
| 2015 | 4.00% | -55.73% |
| 2014 | 9.04% | -5.29% |
| 2013 | 9.54% | 2.66% |
| 2012 | 9.30% | 77.37% |
| 2011 | 5.24% | 1236.69% |
| 2010 | 0.39% | -91.52% |
| 2009 | 4.62% | -69.61% |
| 2008 | 15.22% | -10.58% |
| 2007 | 17.02% | -13.65% |
| 2006 | 19.71% | 36.33% |
| 2005 | 14.46% | 195.75% |
| 2004 | 4.89% | -285.95% |
| 2003 | -2.63% | 93.13% |
| 2002 | -1.36% | -130.86% |
| 2001 | 4.41% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Commercial Metals Company CMC | 16.99% | -595.34% | 🇺🇸 USA |
 Nucor
NUE | 24.67% | -819.24% | 🇺🇸 USA |
 Worthington Industries
WOR | 7.02% | -304.66% | 🇺🇸 USA |
 Steel Dynamics
STLD | 22.55% | -757.43% | 🇺🇸 USA |
 Dynamic Materials Corporation BOOM | 4.71% | -237.32% | 🇺🇸 USA |
 Kennametal KMT | 10.27% | -399.42% | 🇺🇸 USA |
 Haynes International
HAYN | 11.73% | -441.98% | 🇺🇸 USA |
 U.S. Steel
X | 9.14% | -366.47% | 🇺🇸 USA |
 Allegheny Technologies
ATI | 7.56% | -320.41% | 🇺🇸 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.