According to Middleby's latest financial reports and stock price the company's current Operating Margin is 12.86%. At the end of 2023 the company had an Operating Margin of 12.87%.
Year | Operating Margin | Change |
---|---|---|
2023 | 12.87% | -8.06% |
2022 | 14.00% | -26.56% |
2021 | 19.06% | 78.68% |
2020 | 10.67% | -31.77% |
2019 | 15.63% | 0.5% |
2018 | 15.55% | -5.28% |
2017 | 16.42% | -11.6% |
2016 | 18.58% | 20.69% |
2015 | 15.39% | -10.28% |
2014 | 17.16% | 8.57% |
2013 | 15.80% | -5.95% |
2012 | 16.80% | 2.4% |
2011 | 16.41% | 3.3% |
2010 | 15.89% | 3% |
2009 | 15.42% | -3.54% |
2008 | 15.99% | -9.05% |
2007 | 17.58% | 1.52% |
2006 | 17.32% | 6.69% |
2005 | 16.23% | 30.02% |
2004 | 12.48% | 4.9% |
2003 | 11.90% | 52% |
2002 | 7.83% | 24.22% |
2001 | 6.30% |
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.