Myers Industries
MYE
$16.06
Share price
-5.75%
Change (1 day)
-15.74%
Change (1 year)
Operating Margin for Myers Industries (MYE)
Operating Margin as of May 2024 (TTM): 5.92%
According to Myers Industries's latest financial reports and stock price the company's current Operating Margin is 5.92%. At the end of 2021 the company had an Operating Margin of 5.92%.
Operating Margin history for Myers Industries from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 5.92% | -38.14% |
| 2020 | 9.57% | 48.79% |
| 2019 | 6.43% | 2525.42% |
| 2018 | 0.25% | -91.46% |
| 2017 | 2.87% | 100.43% |
| 2016 | 1.43% | -60.58% |
| 2015 | 3.63% | 60.94% |
| 2014 | 2.26% | -52.69% |
| 2013 | 4.77% | -20.22% |
| 2012 | 5.98% | 34.22% |
| 2011 | 4.46% | -164.45% |
| 2010 | -6.92% | -649.6% |
| 2009 | 1.26% | -123.24% |
| 2008 | -5.41% | -187.21% |
| 2007 | 6.21% | 7.45% |
| 2006 | 5.78% | 29.24% |
| 2005 | 4.47% | -7.28% |
| 2004 | 4.82% | 29.36% |
| 2003 | 3.73% | -43.84% |
| 2002 | 6.64% | 48.16% |
| 2001 | 4.48% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Dover DOV | 15.13% | 155.57% | 🇺🇸 USA |
 TriMas TRS | 10.29% | 73.82% | 🇺🇸 USA |
 EnPro Industries
NPO | 2.68% | -54.73% | 🇺🇸 USA |
 Berry Global
BERY | 6.07% | 2.53% | 🇺🇸 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.