Timken Company
TKR
$84.98
Share price
0.15%
Change (1 day)
11.23%
Change (1 year)
Categories
Operating Margin for Timken Company (TKR)
Operating Margin as of April 2024 (TTM): 12.25%
According to Timken Company 's latest financial reports and stock price the company's current Operating Margin is 12.25%. At the end of 2022 the company had an Operating Margin of 12.25%.
Operating Margin history for Timken Company from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 12.25% | 6.24% |
| 2021 | 11.53% | 2.23% |
| 2020 | 11.28% | -9.5% |
| 2019 | 12.46% | 9.37% |
| 2018 | 11.40% | 31.72% |
| 2017 | 8.65% | 4.01% |
| 2016 | 8.32% | -226.03% |
| 2015 | -6.60% | -199.54% |
| 2014 | 6.63% | -30.98% |
| 2013 | 9.61% | -37.45% |
| 2012 | 15.36% | 13.97% |
| 2011 | 13.48% | 34.79% |
| 2010 | 10.00% | -433.36% |
| 2009 | -3.00% | -139.91% |
| 2008 | 7.51% | 39.4% |
| 2007 | 5.39% | 5.45% |
| 2006 | 5.11% | -32.35% |
| 2005 | 7.56% | 70.72% |
| 2004 | 4.43% | 175.75% |
| 2003 | 1.61% | -52.14% |
| 2002 | 3.35% | -405.28% |
| 2001 | -1.10% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 General Dynamics GD | 10.24% | -16.41% | 🇺🇸 USA |
 Steel Dynamics
STLD | 22.55% | 84.08% | 🇺🇸 USA |
 RBC Bearings RBC | 19.96% | 62.94% | 🇺🇸 USA |
 NN, Inc.
NNBR | -4.69% | -138.29% | 🇺🇸 USA |
 Altra Industrial Motion
AIMC | 9.73% | -20.57% | 🇺🇸 USA |
 Rexnord RXN | 15.15% | 23.71% | 🇺🇸 USA |
 Kaman KAMN | -9.43% | -176.98% | 🇺🇸 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.