TriMas
TRS
$26.06
Share price
2.28%
Change (1 day)
-4.61%
Change (1 year)
Categories
Operating Margin for TriMas (TRS)
Operating Margin as of April 2024 (TTM): 10.29%
According to TriMas's latest financial reports and stock price the company's current Operating Margin is 10.29%. At the end of 2021 the company had an Operating Margin of 8.06%.
Operating Margin history for TriMas from 2003 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 8.06% | -160.45% |
| 2020 | -13.34% | -223.33% |
| 2019 | 10.82% | -10.48% |
| 2018 | 12.08% | 49.23% |
| 2017 | 8.10% | -210.41% |
| 2016 | -7.33% | 186.44% |
| 2015 | -2.56% | -138.53% |
| 2014 | 6.64% | -5.2% |
| 2013 | 7.01% | 111.11% |
| 2012 | 3.32% | -54.87% |
| 2011 | 7.36% | 13.4% |
| 2010 | 6.49% | 147.31% |
| 2009 | 2.62% | -120.5% |
| 2008 | -12.79% | -20.26% |
| 2007 | -16.04% | 55.29% |
| 2006 | -10.33% | -3827.3% |
| 2005 | 0.28% | -144.71% |
| 2004 | -0.62% | -84.63% |
| 2003 | -4.03% | -1048.38% |
| 2002 | 0.43% | -132.96% |
| 2001 | -1.29% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Copart
CPRT | 38.30% | 272.21% | 🇺🇸 USA |
 Cummins
CMI | 10.44% | 1.46% | 🇺🇸 USA |
 General Dynamics GD | 10.24% | -0.49% | 🇺🇸 USA |
 General Electric GE | -1.37% | -113.31% | 🇺🇸 USA |
 General Motors GM | 7.35% | -28.57% | 🇺🇸 USA |
 Ford F | -1.90% | -118.46% | 🇺🇸 USA |
 Worthington Industries
WOR | 7.02% | -31.78% | 🇺🇸 USA |
 Greif GEF | 11.91% | 15.74% | 🇺🇸 USA |
 EnPro Industries
NPO | 2.68% | -73.96% | 🇺🇸 USA |
 AptarGroup ATR | 10.07% | -2.14% | 🇺🇸 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.