According to Illinois Tool Works 's latest financial reports and stock price the company's current Operating Margin is 24.11%. At the end of 2022 the company had an Operating Margin of 24.11%.
Year | Operating Margin | Change |
---|---|---|
2022 | 24.11% | 4.81% |
2021 | 23.01% | 7% |
2020 | 21.50% | -7.72% |
2019 | 23.30% | 1.4% |
2018 | 22.98% | 0.6% |
2017 | 22.84% | 6.83% |
2016 | 21.38% | 5.43% |
2015 | 20.28% | 8.85% |
2014 | 18.63% | 12.23% |
2013 | 16.60% | -17.4% |
2012 | 20.10% | 37.9% |
2011 | 14.58% | 4.58% |
2010 | 13.94% | 59.35% |
2009 | 8.75% | -36.66% |
2008 | 13.81% | -13.48% |
2007 | 15.96% | -8.26% |
2006 | 17.40% | 3.05% |
2005 | 16.88% | -0.94% |
2004 | 17.04% | 8.52% |
2003 | 15.71% | 3.72% |
2002 | 15.14% | 14.32% |
2001 | 13.25% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
Dover DOV | 15.13% | -37.25% | ๐บ๐ธ USA |
Parker-Hannifin
PH | 14.05% | -41.73% | ๐บ๐ธ USA |
3M MMM | -9.39% | -138.95% | ๐บ๐ธ USA |
Flowserve
FLS | 5.48% | -77.27% | ๐บ๐ธ USA |
Ingersoll Rand IR | 13.46% | -44.17% | ๐ฎ๐ช Ireland |
Middleby MIDD | 13.99% | -41.97% | ๐บ๐ธ USA |
Nordson NDSN | 25.06% | 3.94% | ๐บ๐ธ USA |
Lincoln Electric
LECO | 15.17% | -37.08% | ๐บ๐ธ USA |
John Bean Technologies JBT | 7.32% | -69.64% | ๐บ๐ธ USA |
Graco GGG | 26.39% | 9.46% | 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.