Standard Motor Products (SMP)
SMP
$33.07
Share price
2.35%
Change (1 day)
-9.20%
Change (1 year)
Categories
Operating Margin for Standard Motor Products (SMP) (SMP)
Operating Margin as of April 2024 (TTM): 10.04%
According to Standard Motor Products (SMP)'s latest financial reports and stock price the company's current Operating Margin is 10.04%. At the end of 2021 the company had an Operating Margin of 10.04%.
Operating Margin history for Standard Motor Products (SMP) from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 10.04% | 5.58% |
| 2020 | 9.51% | 17.94% |
| 2019 | 8.07% | 14.66% |
| 2018 | 7.04% | -18.58% |
| 2017 | 8.64% | -7.21% |
| 2016 | 9.31% | 22.15% |
| 2015 | 7.62% | -8.57% |
| 2014 | 8.34% | -3.45% |
| 2013 | 8.64% | 20.62% |
| 2012 | 7.16% | -2.82% |
| 2011 | 7.37% | 49.04% |
| 2010 | 4.94% | 202.99% |
| 2009 | 1.63% | -143.32% |
| 2008 | -3.77% | -461.72% |
| 2007 | 1.04% | -45.99% |
| 2006 | 1.93% | -4714.28% |
| 2005 | -0.04% | -97.26% |
| 2004 | -1.53% | -824.27% |
| 2003 | 0.21% | -91% |
| 2002 | 2.34% | 3022.06% |
| 2001 | 0.07% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 BorgWarner BWA | 8.06% | -19.72% | 🇺🇸 USA |
 Cummins
CMI | 10.44% | 3.98% | 🇺🇸 USA |
 Visteon VC | 5.00% | -50.20% | 🇺🇸 USA |
 Dorman Products DORM | 9.00% | -10.36% | 🇺🇸 USA |
 Tenneco TEN | 0.10% | -99.00% | 🇺🇸 USA |
 Modine Manufacturing
MOD | 5.45% | -45.72% | 🇺🇸 USA |
 Dana DAN | 0.49% | -95.12% | 🇺🇸 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.