Array Technologies
ARRY
#5466
Rank
โ‚ฌ0.90 B
Marketcap
5,97ย โ‚ฌ
Share price
-3.07%
Change (1 day)
-74.49%
Change (1 year)

Operating Margin for Array Technologies (ARRY)

Operating Margin as of September 2024 (TTM): 11.84%

According to Array Technologies's latest financial reports and stock price the company's current Operating Margin is 11.84%. At the end of 2022 the company had an Operating Margin of -0.30%.

Operating Margin history for Array Technologies from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-0.30%-95.78%
2021-7.16%-180.37%
20208.91%-10.58%
20199.97%-135.92%
2018-27.75%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
11.39%-3.80%๐Ÿ‡บ๐Ÿ‡ธ USA
-8,391.15%-70,971.20%๐Ÿ‡บ๐Ÿ‡ธ USA
22.30% 88.34%๐Ÿ‡จ๐Ÿ‡ญ Switzerland
23.09% 95.02%๐Ÿ‡บ๐Ÿ‡ธ USA
15.05% 27.11%๐Ÿ‡ฌ๐Ÿ‡ง UK

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.