Marine Products Corporation
MPX
$11.50
Share price
2.22%
Change (1 day)
-16.49%
Change (1 year)
Operating Margin for Marine Products Corporation (MPX)
Operating Margin as of April 2024 (TTM): 13.69%
According to Marine Products Corporation's latest financial reports and stock price the company's current Operating Margin is 13.69%. At the end of 2021 the company had an Operating Margin of 12.22%.
Operating Margin history for Marine Products Corporation from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 12.22% | 19.8% |
| 2020 | 10.20% | -13.55% |
| 2019 | 11.80% | -1.21% |
| 2018 | 11.94% | 6.44% |
| 2017 | 11.22% | 15.66% |
| 2016 | 9.70% | -4.23% |
| 2015 | 10.13% | 38.29% |
| 2014 | 7.32% | 22.88% |
| 2013 | 5.96% | -8.68% |
| 2012 | 6.53% | -17.28% |
| 2011 | 7.89% | 62.92% |
| 2010 | 4.84% | -110.91% |
| 2009 | -44.37% | -794.6% |
| 2008 | 6.39% | -37.14% |
| 2007 | 10.16% | -9.76% |
| 2006 | 11.26% | -16.96% |
| 2005 | 13.56% | -5.87% |
| 2004 | 14.41% | 0.52% |
| 2003 | 14.33% | 16.69% |
| 2002 | 12.28% | -88.02% |
| 2001 | 102.54% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Malibu Boats MBUU | 16.64% | 21.55% | 🇺🇸 USA |
 Brunswick Corporation BC | 11.32% | -17.31% | 🇺🇸 USA |
 MarineMax HZO | 11.34% | -17.17% | 🇺🇸 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.