According to Textron's latest financial reports and stock price the company's current Operating Margin is 7.94%. At the end of 2023 the company had an Operating Margin of 7.94%.
Year | Operating Margin | Change |
---|---|---|
2023 | 7.94% | 0.62% |
2022 | 7.89% | 11.98% |
2021 | 7.05% | 191.3% |
2020 | 2.42% | -64.98% |
2019 | 6.91% | -30.23% |
2018 | 9.91% | 84.57% |
2017 | 5.37% | -15.53% |
2016 | 6.35% | -12.17% |
2015 | 7.23% | 17.69% |
2014 | 6.15% | 10.38% |
2013 | 5.57% | -18.98% |
2012 | 6.87% | 129.94% |
2011 | 2.99% | 265.79% |
2010 | 0.82% | -157.58% |
2009 | -1.42% | -131.61% |
2008 | 4.49% | -54.76% |
2007 | 9.92% | 16.96% |
2006 | 8.49% | 15.32% |
2005 | 7.36% | 13.35% |
2004 | 6.49% | 52.44% |
2003 | 4.26% | -22.13% |
2002 | 5.47% | 60.81% |
2001 | 3.40% |
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.