ITT
ITT
#1947
Rank
$6.83 B
Marketcap
$82.93
Share price
5.66%
Change (1 day)
11.44%
Change (1 year)

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
202118.41%435.47%
20203.44%-76.38%
201914.56%2.21%
201814.24%19.02%
201711.97%11.4%
201610.74%-30.16%
201515.38%55.84%
20149.87%36.53%
20137.23%8.01%
20126.69%-144.6%
2011-15.01%-301.71%
20107.44%-1.69%
20097.57%-18.62%
20089.30%-6.82%
20079.98%7.14%
20069.31%54.4%
20056.03%-33.1%
20049.02%-4.39%
20039.43%-7.58%
200210.21%43.13%
20017.13%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-5.52%-129.98%๐Ÿ‡บ๐Ÿ‡ธ USA
9.99%-45.74%๐Ÿ‡บ๐Ÿ‡ธ USA
10.06%-45.36%๐Ÿ‡บ๐Ÿ‡ธ USA
20.97% 13.91%๐Ÿ‡บ๐Ÿ‡ธ USA
15.33%-16.73%๐Ÿ‡บ๐Ÿ‡ธ USA
9.15%-50.30%๐Ÿ‡บ๐Ÿ‡ธ USA
21.03% 14.23%๐Ÿ‡บ๐Ÿ‡ธ USA
19.48% 5.81%๐Ÿ‡บ๐Ÿ‡ธ USA
5.28%-71.32%๐Ÿ‡บ๐Ÿ‡ธ USA
6.17%-66.46%๐Ÿ‡บ๐Ÿ‡ธ 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.