Thermon Group
THR
#5579
Rank
$0.95 B
Marketcap
$28.28
Share price
-0.56%
Change (1 day)
1.36%
Change (1 year)

Operating Margin for Thermon Group (THR)

Operating Margin as of October 2024 (TTM): 12.83%

According to Thermon Group's latest financial reports and stock price the company's current Operating Margin is 12.83%. At the end of 2023 the company had an Operating Margin of 11.17%.

Operating Margin history for Thermon Group from 2011 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202311.17%39.82%
20227.99%-3527.33%
2021-0.23%-105.24%
20204.45%-44.55%
20198.03%34.79%
20185.96%-17.52%
20177.22%-37.07%
201611.48%-43.38%
201520.27%71.61%
201411.81%-19.24%
201314.63%104.31%
20127.16%
201017.08%22.79%
200913.91%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
10.72%-16.45%๐Ÿ‡บ๐Ÿ‡ธ USA
2.60%-79.73%๐Ÿ‡บ๐Ÿ‡ธ USA
2.94%-77.08%๐Ÿ‡บ๐Ÿ‡ธ USA
2.59%-79.81%๐Ÿ‡บ๐Ÿ‡ธ USA
4.06%-68.36%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.