XPEL
XPEL
$33.65
Share price
-0.38%
Change (1 day)
-55.22%
Change (1 year)
Categories
Operating Margin for XPEL (XPEL)
Operating Margin as of May 2024 (TTM): 16.03%
According to XPEL's latest financial reports and stock price the company's current Operating Margin is 16.03%. At the end of 2022 the company had an Operating Margin of 16.04%.
Operating Margin history for XPEL from 2007 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 16.04% | 5.43% |
| 2021 | 15.21% | 6.02% |
| 2020 | 14.35% | 9.99% |
| 2019 | 13.05% | 24.9% |
| 2018 | 10.45% | 227.04% |
| 2017 | 3.19% | -45.43% |
| 2016 | 5.85% | -0.28% |
| 2015 | 5.87% | -36.82% |
| 2014 | 9.29% | -18.26% |
| 2013 | 11.37% | 12.59% |
| 2012 | 10.09% | 0.16% |
| 2011 | 10.08% | 85.21% |
| 2010 | 5.44% | 47.95% |
| 2009 | 3.68% | -123.98% |
| 2008 | -15.34% | 6.56% |
| 2007 | -14.40% | -62.73% |
| 2006 | -38.62% | 63.15% |
| 2005 | -23.67% | -3.28% |
| 2004 | -24.48% | 1370.11% |
| 2003 | -1.66% |
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.