According to Carrier's latest financial reports and stock price the company's current Operating Margin is 15.14%. At the end of 2022 the company had an Operating Margin of 21.02%.
Year | Operating Margin | Change |
---|---|---|
2022 | 21.02% | 80.51% |
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 | 1.85% | -87.78% | ๐บ๐ธ USA |
Trane Technologies
TT | 13.58% | -10.30% | 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.