According to Horizon Global 's latest financial reports and stock price the company's current Operating Margin is -8.77%. At the end of 2021 the company had an Operating Margin of -4.26%.
Year | Operating Margin | Change |
---|---|---|
2021 | -4.26% | -27.97% |
2020 | -5.91% | -66.25% |
2019 | -17.50% | -29.59% |
2018 | -24.86% | -4556.93% |
2017 | 0.56% | -122.09% |
2016 | -2.52% | -306.97% |
2015 | 1.22% | -63.76% |
2014 | 3.37% | 226.17% |
2013 | 1.03% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
LKQ Corporation LKQ | 10.61% | -220.98% | ๐บ๐ธ USA |
Goodyear GT | 1.91% | -121.78% | ๐บ๐ธ USA |
Cooper Tire & Rubber Company CTB | 9.69% | -210.50% | ๐บ๐ธ USA |
Motorcar Parts of America MPAA | 2.02% | -123.03% | ๐บ๐ธ USA |
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.