Tredegar
TG
#6955
Rank
$0.15 B
Marketcap
$4.43
Share price
1.14%
Change (1 day)
-62.14%
Change (1 year)

Operating Margin for Tredegar (TG)

Operating Margin as of February 2024 (TTM): 3.49%

According to Tredegar's latest financial reports and stock price the company's current Operating Margin is 3.49%. At the end of 2021 the company had an Operating Margin of 8.13%.

Operating Margin history for Tredegar from 2001 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
20218.13%-345.28%
2020-3.32%-155.43%
20195.98%75.27%
20183.41%-320.05%
2017-1.55%-146.42%
20163.34%-229.06%
2015-2.59%-154.27%
20144.77%-13.52%
20135.52%-20.86%
20126.97%39.96%
20114.98%-9.67%
20105.51%109.33%
20092.63%-52.05%
20085.49%-14.36%
20076.41%21.73%
20065.27%92.46%
20052.74%-32.34%
20044.05%0.55%
20034.02%222.16%
20021.25%-2.61%
20011.28%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
7.30% 109.26%๐Ÿ‡บ๐Ÿ‡ธ USA
23.57% 575.36%๐Ÿ‡บ๐Ÿ‡ธ USA
6.07% 73.93%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.