Worthington Industries
WOR
$70.76
Share price
3.45%
Change (1 day)
39.79%
Change (1 year)
Categories
Operating Margin for Worthington Industries (WOR)
Operating Margin as of September 2023 (TTM): 7.02%
According to Worthington Industries 's latest financial reports and stock price the company's current Operating Margin is 7.02%. At the end of 2022 the company had an Operating Margin of 9.81%.
Operating Margin history for Worthington Industries from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 9.81% | -66.1% |
| 2021 | 28.94% | 699.03% |
| 2020 | 3.62% | -34.05% |
| 2019 | 5.49% | -5.92% |
| 2018 | 5.84% | -40.79% |
| 2017 | 9.86% | 28.32% |
| 2016 | 7.68% | 130.02% |
| 2015 | 3.34% | -51.99% |
| 2014 | 6.96% | -9.72% |
| 2013 | 7.71% | 10.19% |
| 2012 | 6.99% | -6.42% |
| 2011 | 7.47% | 85.78% |
| 2010 | 4.02% | -172.51% |
| 2009 | -5.55% | -216.79% |
| 2008 | 4.75% | -14.97% |
| 2007 | 5.59% | -23.93% |
| 2006 | 7.34% | -21.62% |
| 2005 | 9.37% | 74.88% |
| 2004 | 5.36% | 0.45% |
| 2003 | 5.33% | 808.86% |
| 2002 | 0.59% | -80.87% |
| 2001 | 3.07% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Commercial Metals Company CMC | 16.99% | 142.02% | 🇺🇸 USA |
 Nucor
NUE | 24.67% | 251.42% | 🇺🇸 USA |
 Steel Dynamics
STLD | 22.55% | 221.23% | 🇺🇸 USA |
 Schnitzer Steel
SCHN | 2.70% | -61.54% | 🇺🇸 USA |
 Harsco
HSC | 2.02% | -71.23% | 🇺🇸 USA |
 U.S. Steel
X | 9.14% | 30.20% | 🇺🇸 USA |
 Reliance Steel & Aluminum
RS | 12.67% | 80.48% | 🇺🇸 USA |
 Carpenter Technology CRS | -3.43% | -148.86% | 🇺🇸 USA |
 Alcoa AA | -10.33% | -247.15% | 🇺🇸 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.