Global Industrial Company
GIC
#5481
Rank
โ‚ฌ0.98 B
Marketcap
25,77ย โ‚ฌ
Share price
-2.62%
Change (1 day)
-23.08%
Change (1 year)

Operating Margin for Global Industrial Company (GIC)

Operating Margin as of November 2024 (TTM): 6.53%

According to Global Industrial Company's latest financial reports and stock price the company's current Operating Margin is 6.53%. At the end of 2022 the company had an Operating Margin of 8.90%.

Operating Margin history for Global Industrial Company from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20228.90%8.03%
20218.24%0.94%
20208.16%16.94%
20196.98%-0.46%
20187.01%25.34%
20175.60%4376.32%
20160.12%-106.66%
2015-1.88%98.15%
2014-0.95%45.61%
2013-0.65%-44.59%
2012-1.17%-154.92%
20112.14%16.18%
20101.84%-20.32%
20092.31%-16.39%
20082.76%-23.26%
20073.60%21.07%
20062.97%91.25%
20051.55%46.33%
20041.06%61.01%
20030.66%-213.61%
2002-0.58%-961.86%
20010.07%

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.