According to Lakeland Industries 's latest financial reports and stock price the company's current Operating Margin is 4.84%. At the end of 2023 the company had an Operating Margin of 4.85%.
Year | Operating Margin | Change |
---|---|---|
2023 | 4.85% | -64.47% |
2022 | 13.64% | -50.6% |
2021 | 27.62% | 417.56% |
2020 | 5.34% | 51.78% |
2019 | 3.52% | -59.55% |
2018 | 8.69% | 19.41% |
2017 | 7.28% | -33.5% |
2016 | 10.95% | 252.84% |
2015 | 3.10% | -195.42% |
2014 | -3.25% | -85.08% |
2013 | -21.80% | -2602.79% |
2012 | 0.87% | -62.11% |
2011 | 2.30% | 50.71% |
2010 | 1.53% | -74.28% |
2009 | 5.93% | 16.68% |
2008 | 5.08% | -26.55% |
2007 | 6.92% | -30.07% |
2006 | 9.89% | 33.39% |
2005 | 7.42% | 25.6% |
2004 | 5.90% | 21.7% |
2003 | 4.85% | 31.71% |
2002 | 3.68% | 88.75% |
2001 | 1.95% |
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.