ITT
ITT
$82.93
Share price
5.66%
Change (1 day)
11.44%
Change (1 year)
Categories
Operating Margin for ITT (ITT)
Operating Margin as of June 2023 (TTM): 18.41%
According to ITT's latest financial reports and stock price the company's current Operating Margin is 18.41%. At the end of 2021 the company had an Operating Margin of 18.41%.
Operating Margin history for ITT from 2001 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 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% | -144.6% |
| 2011 | -15.01% | -301.71% |
| 2010 | 7.44% | -1.69% |
| 2009 | 7.57% | -18.62% |
| 2008 | 9.30% | -6.82% |
| 2007 | 9.98% | 7.14% |
| 2006 | 9.31% | 54.4% |
| 2005 | 6.03% | -33.1% |
| 2004 | 9.02% | -4.39% |
| 2003 | 9.43% | -7.58% |
| 2002 | 10.21% | 43.13% |
| 2001 | 7.13% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Boeing BA | -5.52% | -129.98% | 🇺🇸 USA |
 Lockheed Martin LMT | 9.99% | -45.74% | 🇺🇸 USA |
 General Dynamics GD | 10.06% | -45.36% | 🇺🇸 USA |
 IDEX IEX | 20.97% | 13.91% | 🇺🇸 USA |
 Northrop Grumman NOC | 15.33% | -16.73% | 🇺🇸 USA |
 Parker-Hannifin
PH | 9.15% | -50.30% | 🇺🇸 USA |
 Honeywell HON | 21.03% | 14.23% | 🇺🇸 USA |
 Amphenol APH | 19.48% | 5.81% | 🇺🇸 USA |
 Flowserve
FLS | 5.28% | -71.32% | 🇺🇸 USA |
 Colfax Corporation CFX | 6.17% | -66.46% | 🇺🇸 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.