According to Perma-Pipe International's latest financial reports and stock price the company's current Operating Margin is 6.70%. At the end of 2023 the company had an Operating Margin of 6.70%.
Year | Operating Margin | Change |
---|---|---|
2023 | 6.70% | 11.55% |
2022 | 6.01% | -165.47% |
2021 | -9.18% | -332.76% |
2020 | 3.94% | 217.9% |
2019 | 1.24% | -112.79% |
2018 | -9.70% | -30.39% |
2017 | -13.93% | -667.99% |
2016 | 2.45% | -57.28% |
2015 | 5.74% | 5.89% |
2014 | 5.42% | -202.48% |
2013 | -5.29% | 150% |
2012 | -2.12% | -276.59% |
2011 | 1.20% | -47.96% |
2010 | 2.30% | -13.42% |
2009 | 2.66% | 1146.71% |
2008 | 0.21% | -93.26% |
2007 | 3.17% | 372.31% |
2006 | 0.67% | -74.03% |
2005 | 2.58% | -239.76% |
2004 | -1.85% | 99.74% |
2003 | -0.92% | 171.12% |
2002 | -0.34% | -125.72% |
2001 | 1.33% |
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.