Great Lakes Dredge & Dock Corp.
GLDD
$6.72
Share price
-1.90%
Change (1 day)
-8.20%
Change (1 year)
Operating Margin for Great Lakes Dredge & Dock Corp. (GLDD)
Operating Margin as of December 2023 (TTM): -7.88%
According to Great Lakes Dredge & Dock Corp.'s latest financial reports and stock price the company's current Operating Margin is -7.88%. At the end of 2021 the company had an Operating Margin of 8.65%.
Operating Margin history for Great Lakes Dredge & Dock Corp. from 2007 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 8.65% | -26.45% |
| 2020 | 11.76% | 18.01% |
| 2019 | 9.97% | 276.09% |
| 2018 | 2.65% | -134.37% |
| 2017 | -7.71% | 323.74% |
| 2016 | -1.82% | 79.53% |
| 2015 | -1.01% | -189.01% |
| 2014 | 1.14% | -72.53% |
| 2013 | 4.14% | -626.71% |
| 2012 | -0.79% | -118.42% |
| 2011 | 4.27% | -45.94% |
| 2010 | 7.90% | 91.17% |
| 2009 | 4.13% | 175.07% |
| 2008 | 1.50% | -42.4% |
| 2007 | 2.61% | 252.12% |
| 2006 | 0.74% | |
| 2001 | 3.76% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Sterling Construction STRL | 8.07% | -202.41% | 🇺🇸 USA |
 Primoris Services Corporation
PRIM | 3.60% | -145.69% | 🇺🇸 USA |
 Matrix Service MTRX | -4.92% | -37.56% | 🇺🇸 USA |
 KBR
KBR | 4.32% | -154.82% | 🇺🇸 USA |
 MasTec MTZ | 0.44% | -105.58% | 🇺🇸 USA |
 MYR Group MYRG | 3.79% | -148.10% | 🇺🇸 USA |
 Tutor Perini
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 orion-group-holdings
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 Granite Construction
GVA | 1.66% | -121.07% | 🇺🇸 USA |
 Dycom Industries DY | 4.72% | -159.90% | 🇺🇸 USA |
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.