According to CTS Corporation's latest financial reports and stock price the company's current Operating Margin is 13.80%. At the end of 2024 the company had an Operating Margin of 13.81%.
Year | Operating Margin | Change |
---|---|---|
2024 | 13.81% | 1.14% |
2023 | 13.65% | -0.75% |
2022 | 13.76% | -215.91% |
2021 | -11.87% | -210.67% |
2020 | 10.72% | 0.06% |
2019 | 10.72% | -13.21% |
2018 | 12.35% | 29.77% |
2017 | 9.52% | -34.06% |
2016 | 14.43% | 349.97% |
2015 | 3.21% | -67.07% |
2014 | 9.74% | 120.77% |
2013 | 4.41% | -7.01% |
2012 | 4.74% | 7.79% |
2011 | 4.40% | -13.22% |
2010 | 5.07% | -223.96% |
2009 | -4.09% | -207.78% |
2008 | 3.80% | -19.83% |
2007 | 4.73% | 1.22% |
2006 | 4.68% | -12.47% |
2005 | 5.34% | 9.55% |
2004 | 4.88% | 261.46% |
2003 | 1.35% | -125.96% |
2002 | -5.20% | -50.36% |
2001 | -10.47% |
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.