TimkenSteel
TMST
#5289
Rank
$0.89 B
Marketcap
$20.40
Share price
1.04%
Change (1 day)
14.22%
Change (1 year)

Operating Margin for TimkenSteel (TMST)

Operating Margin as of March 2024 (TTM): 5.93%

According to TimkenSteel's latest financial reports and stock price the company's current Operating Margin is 5.93%. At the end of 2021 the company had an Operating Margin of 13.77%.

Operating Margin history for TimkenSteel from 2013 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202113.77%-288.49%
2020-7.31%-29.95%
2019-10.43%461.92%
2018-1.86%-41.66%
2017-3.18%-80.51%
2016-16.33%57.09%
2015-10.40%-210.02%
20149.45%2.26%
20139.24%-31.82%
201213.55%5.1%
201112.90%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
24.67% 316.02%๐Ÿ‡บ๐Ÿ‡ธ USA
22.55% 280.27%๐Ÿ‡บ๐Ÿ‡ธ USA
9.14% 54.13%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.