Great Lakes Dredge & Dock Corp.
GLDD
$5.14
Share price
4.68%
Change (1 day)
-64.65%
Change (1 year)
Operating Margin for Great Lakes Dredge & Dock Corp. (GLDD)
Operating Margin as of March 2023 (TTM): -4.51%
According to Great Lakes Dredge & Dock Corp.'s latest financial reports and stock price the company's current Operating Margin is -4.51%. 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 2022
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 | 6.47% | -243.46% | 🇺🇸 USA |
 Primoris Services Corporation
PRIM | 3.69% | -181.82% | 🇺🇸 USA |
 Matrix Service MTRX | -7.80% | 72.95% | 🇺🇸 USA |
 KBR
KBR | 1.82% | -140.35% | 🇺🇸 USA |
 MasTec MTZ | 5.40% | -219.73% | 🇺🇸 USA |
 MYR Group MYRG | 4.65% | -203.10% | 🇺🇸 USA |
 Tutor Perini
TPC | 3.44% | -176.27% | 🇺🇸 USA |
 orion-group-holdings
ORN | -3.74% | -17.07% | 🇺🇸 USA |
 Granite Construction
GVA | 2.11% | -146.78% | 🇺🇸 USA |
 Dycom Industries DY | 1.68% | -137.25% | 🇺🇸 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.