According to ITT's latest financial reports and stock price the company's current Operating Margin is 17.83%. At the end of 2024 the company had an Operating Margin of 17.84%.
Year | Operating Margin | Change |
---|---|---|
2024 | 17.84% | 12.72% |
2023 | 15.82% | 2.38% |
2022 | 15.46% | -16.05% |
2021 | 18.41% | 435.47% |
2020 | 3.44% | -76.38% |
2019 | 14.56% | 2.21% |
2018 | 14.24% | 19.02% |
2017 | 11.97% | 11.4% |
2016 | 10.74% | -30.16% |
2015 | 15.38% | 55.84% |
2014 | 9.87% | 36.53% |
2013 | 7.23% | 8.01% |
2012 | 6.69% | -144.19% |
2011 | -15.15% | 5.05% |
2010 | -14.42% | -290% |
2009 | 7.59% | -18.39% |
2008 | 9.30% | -6.82% |
2007 | 9.98% | 7.14% |
2006 | 9.31% | -2.62% |
2005 | 9.57% | 1.36% |
2004 | 9.44% | -2.65% |
2003 | 9.69% | -5.01% |
2002 | 10.21% | 43.13% |
2001 | 7.13% |
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.