According to Balchem's latest financial reports and stock price the company's current Operating Margin is 14.88%. At the end of 2023 the company had an Operating Margin of 14.88%.
Year | Operating Margin | Change |
---|---|---|
2023 | 14.88% | 4.84% |
2022 | 14.19% | -9.44% |
2021 | 15.67% | 3.63% |
2020 | 15.12% | 0.91% |
2019 | 14.99% | -2.58% |
2018 | 15.38% | 3.41% |
2017 | 14.88% | -0.76% |
2016 | 14.99% | -4.87% |
2015 | 15.76% | 10.72% |
2014 | 14.23% | -27.09% |
2013 | 19.52% | 1.25% |
2012 | 19.28% | -0.82% |
2011 | 19.44% | -1.09% |
2010 | 19.65% | 6.22% |
2009 | 18.50% | 51.02% |
2008 | 12.25% | -13.05% |
2007 | 14.09% | -25.56% |
2006 | 18.93% | -8.5% |
2005 | 20.69% | 9.68% |
2004 | 18.86% | 33.19% |
2003 | 14.16% | -28.03% |
2002 | 19.68% | 8.49% |
2001 | 18.14% |
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.