According to Modine Manufacturing 's latest financial reports and stock price the company's current Operating Margin is 8.91%. At the end of 2024 the company had an Operating Margin of 8.91%.
Year | Operating Margin | Change |
---|---|---|
2024 | 8.91% | 63.45% |
2023 | 5.45% | 10.14% |
2022 | 4.95% | -175.05% |
2021 | -6.60% | -1353.11% |
2020 | 0.53% | -85.58% |
2019 | 3.65% | 21.32% |
2018 | 3.01% | 117.49% |
2017 | 1.38% | -289.06% |
2016 | -0.73% | -126.59% |
2015 | 2.75% | 69.51% |
2014 | 1.62% | -271.92% |
2013 | -0.94% | -131.11% |
2012 | 3.04% | 243.61% |
2011 | 0.88% | -200.1% |
2010 | -0.88% | -87.92% |
2009 | -7.31% | 539.8% |
2008 | -1.14% | -143.57% |
2007 | 2.62% | -59.31% |
2006 | 6.44% | -11.65% |
2005 | 7.29% | 24.47% |
2004 | 5.86% | 16.3% |
2003 | 5.04% | 35.02% |
2002 | 3.73% | -50.8% |
2001 | 7.59% |
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.