Strattec Security
STRT
#8249
Rank
โ‚น13.24 B
Marketcap
โ‚น3,229
Share price
-0.54%
Change (1 day)
69.02%
Change (1 year)

Operating Margin for Strattec Security (STRT)

Operating Margin as of October 2024 (TTM): -1.55%

According to Strattec Security's latest financial reports and stock price the company's current Operating Margin is -1.55%. At the end of 2023 the company had an Operating Margin of -1.56%.

Operating Margin history for Strattec Security from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-1.56%-175.98%
20222.05%-71.62%
20217.21%-442.17%
2020-2.11%-49.75%
2019-4.20%-204.12%
20184.03%2.58%
20173.93%-17.83%
20164.78%-42.03%
20158.25%3.3%
20147.98%41.02%
20135.66%-0.22%
20125.67%46.14%
20113.88%43.99%
20102.70%-130.56%
2009-8.82%-413.52%
20082.81%-55.92%
20076.38%-31.47%
20069.32%-24.55%
200512.35%-12.64%
200414.13%7.16%
200313.19%10.38%
200211.95%17.3%
200110.19%

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.