Ingersoll Rand
IR
$92.50
Share price
2.13%
Change (1 day)
67.06%
Change (1 year)
Operating Margin for Ingersoll Rand (IR)
Operating Margin as of April 2024 (TTM): 13.46%
According to Ingersoll Rand's latest financial reports and stock price the company's current Operating Margin is 13.46%. At the end of 2022 the company had an Operating Margin of 14.29%.
Operating Margin history for Ingersoll Rand from 2016 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 14.29% | 22.56% |
| 2021 | 11.66% | 524.28% |
| 2020 | 1.87% | -83.63% |
| 2019 | 11.41% | -31.65% |
| 2018 | 16.70% | 1316.45% |
| 2017 | 1.18% | -78.67% |
| 2016 | 5.53% | -157.68% |
| 2015 | -9.58% | -578.66% |
| 2014 | 2.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Dover DOV | 15.13% | 12.41% | 🇺🇸 USA |
 Illinois Tool Works ITW | 24.11% | 79.12% | 🇺🇸 USA |
 Johnson Controls
JCI | 6.75% | -49.85% | 🇮🇪 Ireland |
 Parker-Hannifin
PH | 14.05% | 4.38% | 🇺🇸 USA |
 Flowserve
FLS | 5.48% | -59.29% | 🇺🇸 USA |
 Aaon AAON | 17.00% | 26.30% | 🇺🇸 USA |
 Lennox LII | 14.22% | 5.65% | 🇺🇸 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.