According to Preformed Line Products's latest financial reports and stock price the company's current Operating Margin is 7.50%. At the end of 2023 the company had an Operating Margin of 12.30%.
Year | Operating Margin | Change |
---|---|---|
2023 | 12.30% | 6.27% |
2022 | 11.57% | 22.43% |
2021 | 9.45% | 8.65% |
2020 | 8.70% | 23% |
2019 | 7.07% | -8.67% |
2018 | 7.74% | 13.48% |
2017 | 6.82% | 9.62% |
2016 | 6.22% | 88.58% |
2015 | 3.30% | -40.16% |
2014 | 5.52% | -28.91% |
2013 | 7.76% | -23.98% |
2012 | 10.21% | -5.82% |
2011 | 10.84% | 21.47% |
2010 | 8.92% | -22.46% |
2009 | 11.51% | 25.34% |
2008 | 9.18% | 6.38% |
2007 | 8.63% | 6.11% |
2006 | 8.13% | -9.57% |
2005 | 8.99% | 3.24% |
2004 | 8.71% | 48.99% |
2003 | 5.85% | -1814.88% |
2002 | -0.34% | -109.01% |
2001 | 3.78% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
-9.75% | -230.00% | ๐บ๐ธ USA | |
10.33% | 37.73% | ๐บ๐ธ USA | |
19.44% | 159.20% | ๐บ๐ธ USA | |
2.68% | -64.27% | ๐บ๐ธ USA |
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.