Patrick Industries
PATK
#3795
Rank
$2.41 B
Marketcap
$107.97
Share price
0.99%
Change (1 day)
42.01%
Change (1 year)

Operating Margin for Patrick Industries (PATK)

Operating Margin as of June 2024 (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
202210.16%17.85%
20218.62%23.7%
20206.97%5.51%
20196.61%-16.18%
20187.88%5.78%
20177.45%0.25%
20167.43%-2.14%
20157.60%8.59%
20147.00%1.65%
20136.88%18.93%
20125.79%39.42%
20114.15%73.21%
20102.40%860.84%
20090.25%-101.16%
2008-21.54%-3978.06%
20070.56%-68.63%
20061.77%49.25%
20051.19%113.92%
20040.55%84.84%
20030.30%-29.73%
20020.43%-115.34%
2001-2.78%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
13.45% 83.24%๐Ÿ‡บ๐Ÿ‡ธ USA
13.70% 86.65%๐Ÿ‡บ๐Ÿ‡ธ USA
8.59% 17.03%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.31%-131.47%๐Ÿ‡บ๐Ÿ‡ธ USA
5.78%-21.25%๐Ÿ‡บ๐Ÿ‡ธ 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.