According to Ingersoll Rand's latest financial reports and stock price the company's current Operating Margin is 15.65%. At the end of 2024 the company had an Operating Margin of 18.60%.
Year | Operating Margin | Change |
---|---|---|
2024 | 18.60% | 7.7% |
2023 | 17.27% | 20.89% |
2022 | 14.29% | 22.56% |
2021 | 11.66% | 605.06% |
2020 | 1.65% | -83.2% |
2019 | 9.84% | -41.04% |
2018 | 16.70% | 1316.45% |
2017 | 1.18% | -78.65% |
2016 | 5.52% | -157.63% |
2015 | -9.58% | -578.66% |
2014 | 2.00% |
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.