Methode Electronics
MEI
$12.29
Share price
1.91%
Change (1 day)
-70.41%
Change (1 year)
Categories
Operating Margin for Methode Electronics (MEI)
Operating Margin as of April 2024 (TTM): 10.18%
According to Methode Electronics 's latest financial reports and stock price the company's current Operating Margin is 10.18%. At the end of 2022 the company had an Operating Margin of 10.18%.
Operating Margin history for Methode Electronics from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 10.18% | -17.86% |
| 2021 | 12.40% | -14.63% |
| 2020 | 14.52% | 40.22% |
| 2019 | 10.36% | -24.01% |
| 2018 | 13.63% | -3.98% |
| 2017 | 14.19% | 3.56% |
| 2016 | 13.71% | -0.03% |
| 2015 | 13.71% | 39.59% |
| 2014 | 9.82% | 34.53% |
| 2013 | 7.30% | 198.55% |
| 2012 | 2.45% | -27.6% |
| 2011 | 3.38% | 63.16% |
| 2010 | 2.07% | -108.01% |
| 2009 | -25.84% | -388.76% |
| 2008 | 8.95% | 12.56% |
| 2007 | 7.95% | 3.81% |
| 2006 | 7.66% | -21.43% |
| 2005 | 9.75% | 23.44% |
| 2004 | 7.90% | -10.04% |
| 2003 | 8.78% | 983.61% |
| 2002 | 0.81% | -84.73% |
| 2001 | 5.30% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 3M MMM | -9.39% | -192.24% | 🇺🇸 USA |
 Amphenol APH | 19.41% | 90.67% | 🇺🇸 USA |
 TE Connectivity
TEL | 14.45% | 41.94% | 🇨🇭 Switzerland |
 Stoneridge SRI | -1.37% | -113.46% | 🇺🇸 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.