TESSCO Technologies
TESS
#7508
Rank
$83.29 M
Marketcap
$8.99
Share price
0.00%
Change (1 day)
59.68%
Change (1 year)

Operating Margin for TESSCO Technologies (TESS)

Operating Margin as of March 2024 (TTM): 0.02%

According to TESSCO Technologies's latest financial reports and stock price the company's current Operating Margin is 0.02%. At the end of 2022 the company had an Operating Margin of -1.05%.

Operating Margin history for TESSCO Technologies from 2001 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
2022-1.05%-78.49%
2021-4.88%-9.94%
2020-5.42%-550.92%
20191.20%-6.69%
20181.29%176.22%
20170.47%-72.11%
20161.67%-35.34%
20152.59%-44.96%
20144.70%21.94%
20133.85%5.78%
20123.64%41.71%
20112.57%-8.96%
20102.82%29.48%
20092.18%50.66%
20081.45%-37.08%
20072.30%30.92%
20061.76%-9.27%
20051.94%42.19%
20041.36%-24.78%
20031.81%-29.48%
20022.57%-21.91%
20013.29%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
10.65% 53,150.00%๐Ÿ‡บ๐Ÿ‡ธ USA
5.07% 25,250.00%๐Ÿ‡บ๐Ÿ‡ธ USA
3.95% 19,650.00%๐Ÿ‡บ๐Ÿ‡ธ USA
7.74% 38,578.10%๐Ÿ‡บ๐Ÿ‡ธ USA
1.32% 6,500.00%๐Ÿ‡บ๐Ÿ‡ธ 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.