Concentrix
CNXC
$56.13
Share price
2.04%
Change (1 day)
-41.84%
Change (1 year)
Categories
Operating Margin for Concentrix (CNXC)
Operating Margin as of April 2024 (TTM): 10.28%
According to Concentrix's latest financial reports and stock price the company's current Operating Margin is 10.28%. At the end of 2022 the company had an Operating Margin of 10.67%.
Operating Margin history for Concentrix from 2020 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 10.67% | 3.04% |
| 2021 | 10.36% | 54.61% |
| 2020 | 6.70% | 6.34% |
| 2019 | 6.30% | 4.05% |
| 2018 | 6.06% | 7.31% |
| 2017 | 5.64% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Alliance Resource Partners ARLP | 28.76% | 179.77% | 🇺🇸 USA |
 California Resources Corporation
CRC | 37.27% | 262.55% | 🇺🇸 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.