According to Dover's latest financial reports and stock price the company's current Operating Margin is 22.68%. At the end of 2024 the company had an Operating Margin of 22.68%.
Year | Operating Margin | Change |
---|---|---|
2024 | 22.68% | 55.22% |
2023 | 14.61% | -3.69% |
2022 | 15.17% | -14.35% |
2021 | 17.72% | 40.67% |
2020 | 12.59% | 6.61% |
2019 | 11.81% | 13.87% |
2018 | 10.37% | -19.21% |
2017 | 12.84% | 13.34% |
2016 | 11.33% | -1.56% |
2015 | 11.51% | -18.46% |
2014 | 14.11% | -3.45% |
2013 | 14.62% | 4.05% |
2012 | 14.05% | 2.49% |
2011 | 13.71% | 3.01% |
2010 | 13.31% | 56.36% |
2009 | 8.51% | -31.9% |
2008 | 12.50% | 1.75% |
2007 | 12.28% | -3.96% |
2006 | 12.79% | 11.61% |
2005 | 11.46% | 4.31% |
2004 | 10.99% | 30.37% |
2003 | 8.43% | 29.7% |
2002 | 6.50% | 8.48% |
2001 | 5.99% |
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.