GE HealthCare Technologies
GEHC
$86.24
Share price
0.34%
Change (1 day)
5.79%
Change (1 year)
Categories
Operating Margin for GE HealthCare Technologies (GEHC)
Operating Margin as of April 2024 (TTM): 14.38%
According to GE HealthCare Technologies's latest financial reports and stock price the company's current Operating Margin is 14.38%. At the end of 2022 the company had an Operating Margin of 13.70%.
Operating Margin history for GE HealthCare Technologies from 2023 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 13.70% | -16.23% |
| 2021 | 16.35% | 3.55% |
| 2020 | 15.79% | 25.59% |
| 2019 | 12.57% |
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.