According to The Eastern Company's latest financial reports and stock price the company's current Operating Margin is 4.01%. At the end of 2023 the company had an Operating Margin of 4.02%.
Year | Operating Margin | Change |
---|---|---|
2023 | 4.02% | -22.06% |
2022 | 5.16% | -33.33% |
2021 | 7.74% | 15.66% |
2020 | 6.69% | 3.89% |
2019 | 6.44% | -14.26% |
2018 | 7.51% | 33.87% |
2017 | 5.61% | -31.23% |
2016 | 8.16% | 47% |
2015 | 5.55% | -32.23% |
2014 | 8.19% | 15.31% |
2013 | 7.10% | -15.44% |
2012 | 8.40% | 40.99% |
2011 | 5.95% | -6.05% |
2010 | 6.34% | 275.56% |
2009 | 1.69% | -62.05% |
2008 | 4.45% | -53.18% |
2007 | 9.50% | -11.4% |
2006 | 10.72% | 66.64% |
2005 | 6.43% | -5.66% |
2004 | 6.82% | 11.73% |
2003 | 6.10% | 4.87% |
2002 | 5.82% | -20.78% |
2001 | 7.35% |
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.