According to Great Lakes Dredge & Dock Corp.'s latest financial reports and stock price the company's current Operating Margin is 12.22%. At the end of 2024 the company had an Operating Margin of 9.88%.
Year | Operating Margin | Change |
---|---|---|
2024 | 9.88% | 218.26% |
2023 | 3.11% | -146.41% |
2022 | -6.69% | -177.35% |
2021 | 8.65% | -26.45% |
2020 | 11.76% | 18.01% |
2019 | 9.97% | 276.09% |
2018 | 2.65% | -131.94% |
2017 | -8.30% | -14589.89% |
2016 | 0.06% | -105.65% |
2015 | -1.01% | -189.01% |
2014 | 1.14% | -72.53% |
2013 | 4.14% | 108.21% |
2012 | 1.99% | -60.59% |
2011 | 5.05% | -36.07% |
2010 | 7.90% | 91.17% |
2009 | 4.13% | 166.22% |
2008 | 1.55% | -40.49% |
2007 | 2.61% | 252.12% |
2006 | 0.74% | -137.72% |
2005 | -1.96% | -55.4% |
2004 | -4.40% | |
2001 | 3.76% |
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.