Garrett Motion
GTX
#4628
Rank
โ‚ฌ1.59 B
Marketcap
7,45ย โ‚ฌ
Share price
1.03%
Change (1 day)
9.62%
Change (1 year)

Operating Margin for Garrett Motion (GTX)

Operating Margin as of November 2024 (TTM): 13.89%

According to Garrett Motion's latest financial reports and stock price the company's current Operating Margin is 13.89%. At the end of 2023 the company had an Operating Margin of 8.93%.

Operating Margin history for Garrett Motion from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20238.93%-35.14%
202213.77%-7.04%
202114.81%277.56%
20203.92%-63.18%
201910.65%-9.21%
201811.73%-0.75%
201711.82%41.72%
20168.34%-34.08%
201512.65%

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.