TimkenSteel
TMST
$21.33
Share price
2.55%
Change (1 day)
18.24%
Change (1 year)
Categories
Operating Margin for TimkenSteel (TMST)
Operating Margin as of December 2023 (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 |
|---|---|---|
| 2021 | 13.77% | -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% |
| 2014 | 9.45% | 2.26% |
| 2013 | 9.24% | -31.82% |
| 2012 | 13.55% | 5.1% |
| 2011 | 12.90% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Nucor
NUE | 24.67% | 316.02% | 🇺🇸 USA |
 Steel Dynamics
STLD | 22.55% | 280.27% | 🇺🇸 USA |
 U.S. Steel
X | 9.14% | 54.13% | 🇺🇸 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.