Textron
TXT
#1005
Rank
$18.07 B
Marketcap
$93.06
Share price
-0.96%
Change (1 day)
34.42%
Change (1 year)

Operating Margin for Textron (TXT)

Operating Margin as of April 2024 (TTM): 7.89%

According to Textron's latest financial reports and stock price the company's current Operating Margin is 7.89%. At the end of 2022 the company had an Operating Margin of 7.89%.

Operating Margin history for Textron from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20227.89%11.98%
20217.05%191.3%
20202.42%-64.98%
20196.91%-30.23%
20189.91%84.57%
20175.37%-15.53%
20166.35%-12.17%
20157.23%17.69%
20146.15%10.38%
20135.57%-18.98%
20126.87%129.94%
20112.99%265.79%
20100.82%-157.58%
2009-1.42%-130.72%
20084.62%-53.01%
20079.83%15.84%
20068.49%15.32%
20057.36%42.74%
20045.16%26.75%
20034.07%-11.53%
20024.60%35.19%
20013.40%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-6.35%-180.48%๐Ÿ‡บ๐Ÿ‡ธ USA
12.29% 55.77%๐Ÿ‡บ๐Ÿ‡ธ USA
6.08%-22.94%๐Ÿ‡บ๐Ÿ‡ธ USA
10.24% 29.78%๐Ÿ‡บ๐Ÿ‡ธ USA
-4.29%-154.37%๐Ÿ‡บ๐Ÿ‡ธ USA
0.00%N/A๐Ÿ‡ง๐Ÿ‡ท Brazil
-10.72%-235.87%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.