Textron
TXT
#1053
Rank
$17.55 B
Marketcap
$92.06
Share price
0.84%
Change (1 day)
34.59%
Change (1 year)

Operating Margin for Textron (TXT)

Operating Margin as of July 2024 (TTM): 7.94%

According to Textron's latest financial reports and stock price the company's current Operating Margin is 7.94%. At the end of 2023 the company had an Operating Margin of 7.94%.

Operating Margin history for Textron from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20237.94%0.62%
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%-131.61%
20084.49%-54.76%
20079.92%16.96%
20068.49%15.32%
20057.36%13.35%
20046.49%52.44%
20034.26%-22.13%
20025.47%60.81%
20013.40%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
9.42% 18.64%๐Ÿ‡บ๐Ÿ‡ธ USA
11.40% 43.58%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.46%-130.98%๐Ÿ‡บ๐Ÿ‡ธ USA
-9.81%-223.55%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.37%-104.66%๐Ÿ‡ง๐Ÿ‡ท Brazil
-34.85%-538.92%๐Ÿ‡บ๐Ÿ‡ธ USA
3.38%-57.43%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.