Patrick Industries
PATK
$75.88
Share price
-1.40%
Change (1 day)
28.39%
Change (1 year)
Operating Margin for Patrick Industries (PATK)
Operating Margin as of September 2023 (TTM): 7.34%
According to Patrick Industries's latest financial reports and stock price the company's current Operating Margin is 7.34%. At the end of 2022 the company had an Operating Margin of 10.16%.
Operating Margin history for Patrick Industries from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 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% | -101.16% |
| 2008 | -21.54% | -3978.06% |
| 2007 | 0.56% | -68.63% |
| 2006 | 1.77% | 49.25% |
| 2005 | 1.19% | 113.92% |
| 2004 | 0.55% | 84.84% |
| 2003 | 0.30% | -29.73% |
| 2002 | 0.43% | -115.34% |
| 2001 | -2.78% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Fortune Brands Home & Security
FBHS | 13.45% | 83.24% | 🇺🇸 USA |
 Masco MAS | 13.70% | 86.65% | 🇺🇸 USA |
 Winnebago Industries WGO | 8.59% | 17.03% | 🇺🇸 USA |
 American Woodmark
AMWD | -2.31% | -131.47% | 🇺🇸 USA |
 Thor Industries
THO | 5.78% | -21.25% | 🇺🇸 USA |
What is a company's Operating Margin
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.