Leonardo DRS
DRS
$21.99
Share price
1.48%
Change (1 day)
39.44%
Change (1 year)
Categories
Operating Margin for Leonardo DRS (DRS)
Operating Margin as of May 2024 (TTM): 18.63%
According to Leonardo DRS's latest financial reports and stock price the company's current Operating Margin is 18.63%. At the end of 2022 the company had an Operating Margin of 20.76%.
Operating Margin history for Leonardo DRS from 2020 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 20.76% | 154.3% |
| 2021 | 8.16% | 28.84% |
| 2020 | 6.34% | 7.47% |
| 2019 | 5.90% | 235.46% |
| 2018 | 1.76% |
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.