International Game Technology
IGT
$30.93
Share price
-0.51%
Change (1 day)
48.13%
Change (1 year)
Categories
Operating Margin for International Game Technology (IGT)
Operating Margin as of September 2023 (TTM): 16.77%
According to International Game Technology's latest financial reports and stock price the company's current Operating Margin is 16.77%. At the end of 2022 the company had an Operating Margin of 12.43%.
Operating Margin history for International Game Technology from 2009 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 12.43% | -3.91% |
| 2021 | 12.94% | -147.55% |
| 2020 | -27.21% | -557.29% |
| 2019 | 5.95% | 193.7% |
| 2018 | 2.03% | -110.24% |
| 2017 | -19.78% | -415.21% |
| 2016 | 6.28% | -434.04% |
| 2015 | -1.88% | -120.05% |
| 2014 | 9.37% | -25.68% |
| 2013 | 12.61% | -8.56% |
| 2012 | 13.79% | 12.05% |
| 2011 | 12.30% | 150.8% |
| 2010 | 4.91% | -43.26% |
| 2009 | 8.65% | -4% |
| 2008 | 9.01% | -23.83% |
| 2007 | 11.82% | 228.84% |
| 2006 | 3.60% | -89.33% |
| 2005 | 33.68% | 271.84% |
| 2004 | 9.06% | 31.76% |
| 2003 | 6.87% | 70.88% |
| 2002 | 4.02% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Fortinet FTNT | 24.90% | 48.48% | 🇺🇸 USA |
 Verint Systems
VRNT | 7.88% | -53.01% | 🇺🇸 USA |
 Scientific Games SGMS | 14.23% | -15.14% | 🇺🇸 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.