TriMas
TRS
#5162
Rank
$1.12 B
Marketcap
$27.51
Share price
1.74%
Change (1 day)
-1.36%
Change (1 year)

Operating Margin for TriMas (TRS)

Operating Margin as of July 2024 (TTM): 7.59%

According to TriMas's latest financial reports and stock price the company's current Operating Margin is 7.59%. At the end of 2023 the company had an Operating Margin of 5.66%.

Operating Margin history for TriMas from 2003 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20235.66%-42.92%
20229.92%23.02%
20218.06%-160.45%
2020-13.34%-223.33%
201910.82%-17.43%
201813.10%23.01%
201710.65%-245.22%
2016-7.33%186.44%
2015-2.56%-132.64%
20147.84%-17.62%
20139.52%184.06%
20123.35%-54.43%
20117.36%17.65%
20106.25%138.38%
20092.62%-121.52%
2008-12.19%-24.02%
2007-16.04%50.53%
2006-10.66%-12550.53%
20050.09%-112.21%
2004-0.70%-84.63%
2003-4.56%-1046.54%
20020.48%-137.34%
2001-1.29%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
5.94%-21.74%๐Ÿ‡บ๐Ÿ‡ธ USA
8.01% 5.53%๐Ÿ‡บ๐Ÿ‡ธ USA
40.16% 429.12%๐Ÿ‡บ๐Ÿ‡ธ USA
8.28% 9.09%๐Ÿ‡บ๐Ÿ‡ธ USA
14.99% 97.50%๐Ÿ‡บ๐Ÿ‡ธ USA
9.42% 24.11%๐Ÿ‡บ๐Ÿ‡ธ USA
2.25%-70.36%๐Ÿ‡บ๐Ÿ‡ธ USA
6.48%-14.62%๐Ÿ‡บ๐Ÿ‡ธ USA
10.74% 41.50%๐Ÿ‡บ๐Ÿ‡ธ USA
9.90% 30.43%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.