Turning Point Brands
TPB
Operating Margin for Turning Point Brands (TPB)
Operating Margin as of May 2024 (TTM): 7.23%
According to Turning Point Brands's latest financial reports and stock price the company's current Operating Margin is 7.23%. At the end of 2021 the company had an Operating Margin of 19.26%.
Operating Margin history for Turning Point Brands from 2015 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 19.26% | 23.3% |
| 2020 | 15.62% | 70.52% |
| 2019 | 9.16% | -34.69% |
| 2018 | 14.03% | -8.54% |
| 2017 | 15.33% | -23.85% |
| 2016 | 20.14% | -10.76% |
| 2015 | 22.57% | 756.79% |
| 2014 | 2.63% | -88.15% |
| 2013 | 22.23% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Vector Group
VGR | 15.30% | 111.62% | 🇺🇸 USA |
 Turning Point Brands TPB | 7.23% | 0.00% | 🇺🇸 USA |
 RLX Technology RLX | 1.65% | -77.18% | 🇨🇳 China |
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.