According to Advance Auto Parts 's latest financial reports and stock price the company's current Operating Margin is 0.28%. At the end of 2023 the company had an Operating Margin of 0.28%.
Year | Operating Margin | Change |
---|---|---|
2023 | 0.28% | -94.79% |
2022 | 5.42% | -23.85% |
2021 | 7.11% | 10.45% |
2020 | 6.44% | -1.93% |
2019 | 6.57% | 13.34% |
2018 | 5.80% | 4.42% |
2017 | 5.55% | -28.13% |
2016 | 7.72% | -0.13% |
2015 | 7.73% | -2.59% |
2014 | 7.94% | -17.71% |
2013 | 9.65% | -4.09% |
2012 | 10.06% | -2% |
2011 | 10.26% | 9.16% |
2010 | 9.40% | 17.89% |
2009 | 7.97% | 7.72% |
2008 | 7.40% | -6.27% |
2007 | 7.90% | -1.43% |
2006 | 8.01% | -9.81% |
2005 | 8.88% | 9.56% |
2004 | 8.11% | 39.08% |
2003 | 5.83% | 83.74% |
2002 | 3.17% | 318.34% |
2001 | 0.76% |
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.