Hooker Furniture
HOFT
$17.71
Share price
1.84%
Change (1 day)
12.95%
Change (1 year)
Categories
Operating Margin for Hooker Furniture (HOFT)
Operating Margin as of May 2024 (TTM): -0.96%
According to Hooker Furniture's latest financial reports and stock price the company's current Operating Margin is -0.96%. At the end of 2022 the company had an Operating Margin of 2.54%.
Operating Margin history for Hooker Furniture from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 2.54% | -194.34% |
| 2021 | -2.70% | -175.14% |
| 2020 | 3.59% | -52.44% |
| 2019 | 7.55% | 2.34% |
| 2018 | 7.38% | 8.61% |
| 2017 | 6.79% | -31.43% |
| 2016 | 9.90% | 24.74% |
| 2015 | 7.94% | 45.36% |
| 2014 | 5.46% | -8.22% |
| 2013 | 5.95% | 90.64% |
| 2012 | 3.12% | 61.29% |
| 2011 | 1.94% | -22.64% |
| 2010 | 2.50% | -38.73% |
| 2009 | 4.08% | -58.5% |
| 2008 | 9.84% | |
| 2006 | 6.49% | 8.11% |
| 2005 | 6.00% | -30.63% |
| 2004 | 8.65% | 14.23% |
| 2003 | 7.57% | -24.12% |
| 2002 | 9.98% | 117.58% |
| 2001 | 4.59% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Flexsteel Industries FLXS | 2.12% | -320.83% | 🇺🇸 USA |
 Bassett Furniture BSET | 6.41% | -767.71% | 🇺🇸 USA |
 La-Z-Boy
LZB | 8.71% | -1,007.29% | 🇺🇸 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.