According to MYR Group's latest financial reports and stock price the company's current Operating Margin is 3.43%. At the end of 2023 the company had an Operating Margin of 3.43%.
Year | Operating Margin | Change |
---|---|---|
2023 | 3.43% | -9.63% |
2022 | 3.80% | -18.46% |
2021 | 4.66% | 28.56% |
2020 | 3.62% | 48.69% |
2019 | 2.44% | -13.41% |
2018 | 2.81% | 60.19% |
2017 | 1.76% | -47.68% |
2016 | 3.36% | -19.56% |
2015 | 4.17% | -32.03% |
2014 | 6.14% | 1% |
2013 | 6.08% | 11.03% |
2012 | 5.47% | 47.03% |
2011 | 3.72% | -12.35% |
2010 | 4.25% | 0.5% |
2009 | 4.23% | -33.44% |
2008 | 6.35% | -1286.78% |
2007 | -0.54% |
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.