Trimble
TRMB
$57.86
Share price
-1.08%
Change (1 day)
19.87%
Change (1 year)
Categories
Trimble Inc. is an American software as a service (SaaS) technology company that services global industries in Agriculture, Building & Construction, Geospatial, Natural Resources and Utilities, Governments, Transportation and others.
Operating Margin for Trimble (TRMB)
Operating Margin as of April 2024 (TTM): 15.48%
According to Trimble's latest financial reports and stock price the company's current Operating Margin is 15.48%. At the end of 2022 the company had an Operating Margin of 15.48%.
Operating Margin history for Trimble from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 15.48% | -1.42% |
| 2021 | 15.70% | 25.14% |
| 2020 | 12.55% | 18.8% |
| 2019 | 10.56% | 18.11% |
| 2018 | 8.94% | -8.38% |
| 2017 | 9.76% | 30.5% |
| 2016 | 7.48% | 12.87% |
| 2015 | 6.63% | -40.32% |
| 2014 | 11.10% | 0.48% |
| 2013 | 11.05% | -1.73% |
| 2012 | 11.25% | 10.41% |
| 2011 | 10.19% | -6.59% |
| 2010 | 10.90% | 40.15% |
| 2009 | 7.78% | -46.13% |
| 2008 | 14.44% | -3.94% |
| 2007 | 15.03% | -4.56% |
| 2006 | 15.75% | -2.18% |
| 2005 | 16.10% | 43.75% |
| 2004 | 11.20% | 70.28% |
| 2003 | 6.58% | 122.05% |
| 2002 | 2.96% | -165.22% |
| 2001 | -4.54% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Autodesk ADSK | 18.90% | 22.09% | 🇺🇸 USA |
 Caterpillar CAT | 14.72% | -4.91% | 🇺🇸 USA |
 Honeywell HON | 17.98% | 16.15% | 🇺🇸 USA |
 Danaher DHR | 26.34% | 70.16% | 🇺🇸 USA |
 3M MMM | -9.39% | -160.66% | 🇺🇸 USA |
 Garmin GRMN | 22.13% | 42.96% | 🇨🇭 Switzerland |
 Motorola Solutions
MSI | 16.62% | 7.36% | 🇺🇸 USA |
 Raven Industries RAVN | 7.30% | -52.82% | 🇺🇸 USA |
 Faro Technologies
FARO | -9.51% | -161.43% | 🇺🇸 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.