According to Excel Industries's latest financial reports and stock price the company's current Operating Margin is 13.27%. At the end of 2022 the company had an Operating Margin of 18.34%.
Year | Operating Margin | Change |
---|---|---|
2022 | 18.34% | 33.43% |
2021 | 13.74% | -17.93% |
2020 | 16.74% | -41.71% |
2019 | 28.72% | 53% |
2018 | 18.77% | 4.82% |
2017 | 17.91% | 66.52% |
2016 | 10.76% | -17.72% |
2015 | 13.07% | 72.95% |
2014 | 7.56% | -4.32% |
2013 | 7.90% | -12.9% |
2012 | 9.07% | -12.48% |
2011 | 10.36% | 25.96% |
2010 | 8.23% | 78.32% |
2009 | 4.61% | -38.81% |
2008 | 7.54% | 110.94% |
2007 | 3.57% |
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.