Iridium Communications
IRDM
$29.58
Share price
1.01%
Change (1 day)
-55.39%
Change (1 year)
Categories
Operating Margin for Iridium Communications (IRDM)
Operating Margin as of April 2024 (TTM): 5.42%
According to Iridium Communications's latest financial reports and stock price the company's current Operating Margin is 5.42%. At the end of 2022 the company had an Operating Margin of 1.25%.
Operating Margin history for Iridium Communications from 2010 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 1.25% | -126.59% |
| 2021 | -4.70% | -69.17% |
| 2020 | -15.25% | -60.82% |
| 2019 | -38.92% | 885.76% |
| 2018 | -3.95% | -114.79% |
| 2017 | 26.69% | -35.04% |
| 2016 | 41.09% | 131.17% |
| 2015 | 17.77% | -37.65% |
| 2014 | 28.50% | -1.27% |
| 2013 | 28.87% | 16.52% |
| 2012 | 24.78% | 47.43% |
| 2011 | 16.80% | 64.3% |
| 2010 | 10.23% | -116.88% |
| 2009 | -60.59% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Boeing BA | -6.35% | -217.16% | 🇺🇸 USA |
 Orbcomm
ORBC | -8.44% | -255.65% | 🇺🇸 USA |
 Globalstar
GSAT | -172.95% | -3,290.96% | 🇺🇸 USA |
 Gogo Inflight Internet
GOGO | 35.38% | 552.77% | 🇺🇸 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.