According to Graco's latest financial reports and stock price the company's current Operating Margin is 27.72%. At the end of 2023 the company had an Operating Margin of 27.73%.
Year | Operating Margin | Change |
---|---|---|
2023 | 27.73% | 5.06% |
2022 | 26.39% | 3.17% |
2021 | 25.58% | 12.67% |
2020 | 22.70% | -7.92% |
2019 | 24.66% | -0.76% |
2018 | 24.85% | 5.56% |
2017 | 23.54% | 223.69% |
2016 | 7.27% | -80.29% |
2015 | 36.90% | 43.01% |
2014 | 25.80% | -1.37% |
2013 | 26.16% | 21.88% |
2012 | 21.47% | -8.37% |
2011 | 23.43% | 17.34% |
2010 | 19.96% | 68.39% |
2009 | 11.86% | -45.74% |
2008 | 21.85% | -19.66% |
2007 | 27.20% | -1.02% |
2006 | 27.48% | 6.19% |
2005 | 25.88% | -2.62% |
2004 | 26.57% | 11.17% |
2003 | 23.90% | 4.21% |
2002 | 22.94% | 11.28% |
2001 | 20.61% |
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.