According to Carrier's latest financial reports and stock price the company's current Operating Margin is 15.72%. At the end of 2021 the company had an Operating Margin of 11.64%.
Year | Operating Margin | Change |
---|---|---|
2021 | 11.64% | -28.81% |
2020 | 16.36% | 13.9% |
2019 | 14.36% | -29.31% |
2018 | 20.31% | 18.49% |
2017 | 17.14% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
![]() SPX Corporation SPXC | 5.73% | -63.55% | ๐บ๐ธ USA |
![]() Trane Technologies
TT | 12.66% | -19.47% | ๐ฎ๐ช Ireland |
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.