International Game Technology
IGT
#2805
Rank
$4.52 B
Marketcap
$22.59
Share price
1.94%
Change (1 day)
-9.68%
Change (1 year)

Operating Margin for International Game Technology (IGT)

Operating Margin as of March 2024 (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
202212.43%-3.91%
202112.94%-147.55%
2020-27.21%-557.29%
20195.95%193.7%
20182.03%-110.24%
2017-19.78%-415.21%
20166.28%-434.04%
2015-1.88%-120.05%
20149.37%-25.68%
201312.61%-8.56%
201213.79%12.05%
201112.30%150.8%
20104.91%-43.26%
20098.65%-4%
20089.01%-23.83%
200711.82%228.84%
20063.60%-89.33%
200533.68%271.84%
20049.06%31.76%
20036.87%70.88%
20024.02%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
24.90% 48.48%๐Ÿ‡บ๐Ÿ‡ธ USA
7.88%-53.01%๐Ÿ‡บ๐Ÿ‡ธ USA
14.23%-15.14%๐Ÿ‡บ๐Ÿ‡ธ 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.