According to Reece Group's latest financial reports and stock price the company's current Operating Margin is 6.47%. At the end of 2024 the company had an Operating Margin of 6.48%.
Year | Operating Margin | Change |
---|---|---|
2024 | 6.48% | 0.8% |
2023 | 6.42% | -3.48% |
2022 | 6.66% | 9.74% |
2021 | 6.06% | 16.63% |
2020 | 5.20% | -4.35% |
2019 | 5.44% | -54.25% |
2018 | 11.88% | -4.76% |
2017 | 12.47% | 1.44% |
2016 | 12.30% | 7.6% |
2015 | 11.43% | 13.71% |
2014 | 10.05% | -10.1% |
2013 | 11.18% | 4.15% |
2012 | 10.73% | -1.86% |
2011 | 10.94% | 1.64% |
2010 | 10.76% | 15.63% |
2009 | 9.31% | -18.01% |
2008 | 11.35% | -0.38% |
2007 | 11.40% | 1.84% |
2006 | 11.19% | 4.11% |
2005 | 10.75% | 5.13% |
2004 | 10.22% | 11.81% |
2003 | 9.14% | -5.27% |
2002 | 9.65% | 14.2% |
2001 | 8.45% |
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.