According to Steris's latest financial reports and stock price the company's current Operating Margin is 14.93%. At the end of 2023 the company had an Operating Margin of 5.41%.
Year | Operating Margin | Change |
---|---|---|
2023 | 5.41% | -38.62% |
2022 | 8.81% | -50.63% |
2021 | 17.85% | 0.37% |
2020 | 17.78% | 19.5% |
2019 | 14.88% | -3.87% |
2018 | 15.48% | 76.51% |
2017 | 8.77% | -8.49% |
2016 | 9.59% | -22.22% |
2015 | 12.32% | -3.49% |
2014 | 12.77% | -21.02% |
2013 | 16.17% | 1.92% |
2012 | 15.86% | 123.2% |
2011 | 7.11% | -56.39% |
2010 | 16.30% | 19.54% |
2009 | 13.63% | 24.09% |
2008 | 10.99% | -8.81% |
2007 | 12.05% | 3.56% |
2006 | 11.64% | -10.96% |
2005 | 13.07% | 4.72% |
2004 | 12.48% | -3.56% |
2003 | 12.94% | 39.1% |
2002 | 9.30% | 5.19% |
2001 | 8.84% |
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.