Resideo Technologies
REZI
#3533
Rank
$2.81 B
Marketcap
$19.28
Share price
0.05%
Change (1 day)
7.47%
Change (1 year)

Operating Margin for Resideo Technologies (REZI)

Operating Margin as of April 2024 (TTM): 5.38%

According to Resideo Technologies 's latest financial reports and stock price the company's current Operating Margin is 5.38%. At the end of 2022 the company had an Operating Margin of 7.47%.

Operating Margin history for Resideo Technologies from 2018 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20227.47%8.94%
20216.86%112.1%
20203.23%15.23%
20192.81%-72.52%
201810.21%3.72%
20179.85%-11.37%
201611.11%10.16%
201510.09%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
10.65% 97.96%๐Ÿ‡บ๐Ÿ‡ธ USA
5.38% 0.00%๐Ÿ‡บ๐Ÿ‡ธ USA
-22.67%-521.38%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.