Schnitzer Steel
SCHN
$34.07
Share price
0.68%
Change (1 day)
-14.42%
Change (1 year)
Operating Margin for Schnitzer Steel (SCHN)
Operating Margin as of February 2023 (TTM): 4.10%
According to Schnitzer Steel 's latest financial reports and stock price the company's current Operating Margin is 4.10%. At the end of 2022 the company had an Operating Margin of 6.46%.
Operating Margin history for Schnitzer Steel from 2001 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 6.46% | -16.43% |
| 2021 | 7.73% | 1867.13% |
| 2020 | 0.39% | -90.08% |
| 2019 | 3.96% | -37.88% |
| 2018 | 6.38% | 89.61% |
| 2017 | 3.36% | -787.73% |
| 2016 | -0.49% | -95.1% |
| 2015 | -9.99% | -1279.27% |
| 2014 | 0.85% | -106.78% |
| 2013 | -12.50% | -861.5% |
| 2012 | 1.64% | -70% |
| 2011 | 5.47% | -1.4% |
| 2010 | 5.55% | -309.99% |
| 2009 | -2.64% | -123.92% |
| 2008 | 11.05% | 33.06% |
| 2007 | 8.30% | -12.04% |
| 2006 | 9.44% | -65.38% |
| 2005 | 27.27% | 10.14% |
| 2004 | 24.76% | 67.59% |
| 2003 | 14.77% | 218.72% |
| 2002 | 4.63% | -4.03% |
| 2001 | 4.83% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Commercial Metals Company CMC | 16.99% | -99.82% | 🇺🇸 USA |
 Nucor
NUE | 25.21% | -99.75% | 🇺🇸 USA |
 Worthington Industries
WOR | 5.41% | -99.87% | 🇺🇸 USA |
 Steel Dynamics
STLD | 22.86% | -99.76% | 🇺🇸 USA |
 Grupo Simec SIM | 23.22% | -99.48% | 🇲🇽 Mexico |
 U.S. Steel
X | 18.11% | -99.92% | 🇺🇸 USA |
 Gerdau GGB | 20.75% | -99.84% | 🇧🇷 Brazil |
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.