Garrett Motion
GTX
$9.14
Share price
-0.98%
Change (1 day)
13.97%
Change (1 year)
Categories
Operating Margin for Garrett Motion (GTX)
Operating Margin as of April 2024 (TTM): 14.95%
According to Garrett Motion's latest financial reports and stock price the company's current Operating Margin is 14.95%. At the end of 2022 the company had an Operating Margin of 13.77%.
Operating Margin history for Garrett Motion from 2018 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 13.77% | -7.04% |
| 2021 | 14.81% | 277.56% |
| 2020 | 3.92% | -63.18% |
| 2019 | 10.65% | -9.21% |
| 2018 | 11.73% | -0.75% |
| 2017 | 11.82% | 41.72% |
| 2016 | 8.34% | -34.08% |
| 2015 | 12.65% |
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.