Worthington Steel
WS
#4442
Rank
โ‚น155.78 B
Marketcap
โ‚น3,091
Share price
7.12%
Change (1 day)
N/A
Change (1 year)

Operating Margin for Worthington Steel (WS)

Operating Margin as of September 2024 (TTM): 6.43%

According to Worthington Steel's latest financial reports and stock price the company's current Operating Margin is 6.43%. At the end of 2023 the company had an Operating Margin of 3.46%.

Operating Margin history for Worthington Steel from 2023 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20233.46%-44.54%
20226.25%-43.96%
202111.15%

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.