According to Union Tool's latest financial reports and stock price the company's current Operating Margin is 18.15%. At the end of 2023 the company had an Operating Margin of 15.96%.
Year | Operating Margin | Change |
---|---|---|
2023 | 15.96% | -36.96% |
2022 | 25.32% | 37.38% |
2021 | 18.43% | 21.04% |
2020 | 15.23% | 11.84% |
2019 | 13.61% | -22.63% |
2018 | 17.60% | 10.75% |
2017 | 15.89% | 15.31% |
2016 | 13.78% | |
2014 | 17.71% | 28.31% |
2013 | 13.80% | 128.85% |
2012 | 6.03% | -52.21% |
2011 | 12.62% | -13.97% |
2010 | 14.67% | 298.85% |
2009 | 3.68% | -85.45% |
2008 | 25.28% | -9.9% |
2007 | 28.06% | -5.55% |
2006 | 29.71% | 6.32% |
2005 | 27.95% |
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.