Tredegar
TG
#7304
Rank
$0.20 B
Marketcap
$6.00
Share price
-0.50%
Change (1 day)
-15.25%
Change (1 year)

Operating Margin for Tredegar (TG)

Operating Margin as of July 2024 (TTM): -22.54%

According to Tredegar's latest financial reports and stock price the company's current Operating Margin is -22.54%. At the end of 2023 the company had an Operating Margin of -22.70%.

Operating Margin history for Tredegar from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-22.70%-748.83%
20223.50%-56.91%
20218.12%-344.87%
2020-3.32%-138.05%
20198.71%-7.64%
20189.44%-708.25%
2017-1.55%-146.42%
20163.34%-229.06%
2015-2.59%-154.27%
20144.77%-13.52%
20135.52%-20.86%
20126.97%42.79%
20114.88%-10.98%
20105.48%108.21%
20092.63%-52.05%
20085.49%-14.36%
20076.41%9.3%
20065.87%106.9%
20052.84%-31.16%
20044.12%2.38%
20034.02%-59.8%
200210.01%74.77%
20015.73%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
7.30%-132.40%๐Ÿ‡บ๐Ÿ‡ธ USA
4.79%-121.25%๐Ÿ‡บ๐Ÿ‡ธ USA
24.53%-208.83%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.