According to Patrick Industries's latest financial reports and stock price the company's current Operating Margin is 5.47%. At the end of 2023 the company had an Operating Margin of 7.50%.
Year | Operating Margin | Change |
---|---|---|
2023 | 7.50% | -26.18% |
2022 | 10.16% | 17.85% |
2021 | 8.62% | 23.7% |
2020 | 6.97% | 5.51% |
2019 | 6.61% | -16.18% |
2018 | 7.88% | 5.78% |
2017 | 7.45% | 0.25% |
2016 | 7.43% | -2.14% |
2015 | 7.60% | 8.59% |
2014 | 7.00% | 1.65% |
2013 | 6.88% | 18.93% |
2012 | 5.79% | 39.42% |
2011 | 4.15% | 73.21% |
2010 | 2.40% | 860.84% |
2009 | 0.25% | -101.15% |
2008 | -21.60% | 3382.78% |
2007 | -0.62% | -135.03% |
2006 | 1.77% | 49.25% |
2005 | 1.19% | 113.93% |
2004 | 0.55% | 84.83% |
2003 | 0.30% | -29.73% |
2002 | 0.43% | -115.34% |
2001 | -2.78% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
5.93% | 8.41% | ๐บ๐ธ USA | |
13.45% | 145.89% | ๐บ๐ธ USA | |
14.41% | 163.44% | ๐บ๐ธ USA | |
1.29% | -76.42% | ๐บ๐ธ USA | |
2.84% | -48.08% | ๐บ๐ธ USA |
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.