Flexsteel Industries
FLXS
$39.03
Share price
3.78%
Change (1 day)
130.95%
Change (1 year)
Categories
Operating Margin for Flexsteel Industries (FLXS)
Operating Margin as of April 2024 (TTM): 2.12%
According to Flexsteel Industries's latest financial reports and stock price the company's current Operating Margin is 2.12%. At the end of 2022 the company had an Operating Margin of 1.08%.
Operating Margin history for Flexsteel Industries from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 1.08% | -83.49% |
| 2021 | 6.57% | -171.42% |
| 2020 | -9.20% | -4.22% |
| 2019 | -9.61% | -287.01% |
| 2018 | 5.14% | -35.94% |
| 2017 | 8.02% | 5.73% |
| 2016 | 7.58% | -0.42% |
| 2015 | 7.62% | 40.33% |
| 2014 | 5.43% | 0.37% |
| 2013 | 5.41% | -7.89% |
| 2012 | 5.87% | 22.94% |
| 2011 | 4.77% | -10.67% |
| 2010 | 5.35% | -771.78% |
| 2009 | -0.80% | -148.93% |
| 2008 | 1.63% | -52.24% |
| 2007 | 3.40% | 86.65% |
| 2006 | 1.82% | -14.07% |
| 2005 | 2.12% | -49.12% |
| 2004 | 4.17% | -14.46% |
| 2003 | 4.88% | 48.93% |
| 2002 | 3.28% | 28.22% |
| 2001 | 2.55% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Bassett Furniture BSET | 6.41% | 202.36% | 🇺🇸 USA |
 Ethan Allen
ETD | 17.79% | 739.15% | 🇺🇸 USA |
 Hooker Furniture HOFT | -0.96% | -145.28% | 🇺🇸 USA |
 La-Z-Boy
LZB | 8.71% | 310.85% | 🇺🇸 USA |
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.