Russel Metals
RUS.TO
#4307
Rank
$1.73 B
Marketcap
$28.91
Share price
0.59%
Change (1 day)
14.63%
Change (1 year)

Operating Margin for Russel Metals (RUS.TO)

Operating Margin as of April 2024 (TTM): 9.61%

According to Russel Metals 's latest financial reports and stock price the company's current Operating Margin is 9.61%. At the end of 2021 the company had an Operating Margin of 13.78%.

Operating Margin history for Russel Metals from 2001 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
202113.78%1228.16%
20201.04%-63.8%
20192.87%-59.94%
20187.16%31.64%
20175.44%44.09%
20163.77%-217.41%
2015-3.21%-170.65%
20144.55%25.98%
20133.61%-21.56%
20124.60%-26.81%
20116.29%42.68%
20104.41%-157.8%
2009-7.63%-174.51%
200810.24%54.38%
20076.63%-26.69%
20069.04%27.76%
20057.08%-40.17%
200411.83%450.86%
20032.15%-36.68%
20023.39%202.2%
20011.12%

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.