Tredegar
TG
$6.46
Share price
-0.15%
Change (1 day)
-29.55%
Change (1 year)
Categories
Operating Margin for Tredegar (TG)
Operating Margin as of April 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 |
|---|---|---|
| 2021 | 8.13% | -345.28% |
| 2020 | -3.32% | -155.43% |
| 2019 | 5.98% | 75.27% |
| 2018 | 3.41% | -320.05% |
| 2017 | -1.55% | -146.42% |
| 2016 | 3.34% | -229.06% |
| 2015 | -2.59% | -154.27% |
| 2014 | 4.77% | -13.52% |
| 2013 | 5.52% | -20.86% |
| 2012 | 6.97% | 39.96% |
| 2011 | 4.98% | -9.67% |
| 2010 | 5.51% | 109.33% |
| 2009 | 2.63% | -52.05% |
| 2008 | 5.49% | -14.36% |
| 2007 | 6.41% | 21.73% |
| 2006 | 5.27% | 92.46% |
| 2005 | 2.74% | -32.34% |
| 2004 | 4.05% | 0.55% |
| 2003 | 4.02% | 222.16% |
| 2002 | 1.25% | -2.61% |
| 2001 | 1.28% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Raven Industries RAVN | 7.30% | 109.26% | 🇺🇸 USA |
 Mueller Industries
MLI | 23.57% | 575.36% | 🇺🇸 USA |
 Berry Global
BERY | 6.07% | 73.93% | 🇺🇸 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.