According to Core Molding Technologies's latest financial reports and stock price the company's current Operating Margin is 5.97%. At the end of 2023 the company had an Operating Margin of 7.20%.
Year | Operating Margin | Change |
---|---|---|
2023 | 7.20% | 86.21% |
2022 | 3.86% | 33.24% |
2021 | 2.90% | 41.85% |
2020 | 2.04% | -137.32% |
2019 | -5.48% | 171.15% |
2018 | -2.02% | -142.19% |
2017 | 4.79% | -25.51% |
2016 | 6.43% | -29.53% |
2015 | 9.13% | 10.09% |
2014 | 8.29% | 20.69% |
2013 | 6.87% | -8.2% |
2012 | 7.48% | -33.95% |
2011 | 11.33% | 123.76% |
2010 | 5.06% | 174.98% |
2009 | 1.84% | -74.73% |
2008 | 7.29% | 65.77% |
2007 | 4.40% | -55.44% |
2006 | 9.86% | 30.48% |
2005 | 7.56% | 48.19% |
2004 | 5.10% | 79.39% |
2003 | 2.84% | -16.13% |
2002 | 3.39% | -237.72% |
2001 | -2.46% |
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.