Plymouth Industrial REIT
PLYM
#5776
Rank
โ‚น72.78 B
Marketcap
โ‚น1,586
Share price
0.27%
Change (1 day)
-9.10%
Change (1 year)

Operating Margin for Plymouth Industrial REIT (PLYM)

Operating Margin as of November 2024 (TTM): 32.00%

According to Plymouth Industrial REIT's latest financial reports and stock price the company's current Operating Margin is 32.00%. At the end of 2023 the company had an Operating Margin of 6.91%.

Operating Margin history for Plymouth Industrial REIT from 2015 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20236.91%-174.17%
2022-9.31%-14.21%
2021-10.86%-11.41%
2020-12.25%-22.71%
2019-15.86%-63.15%
2018-43.02%-23.88%
2017-56.52%-71.39%
2016-197.55%-21.7%
2015-252.28%-63.53%
2014-691.78%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-0.75%-102.34%๐Ÿ‡บ๐Ÿ‡ธ USA
33.00% 3.13%๐Ÿ‡บ๐Ÿ‡ธ USA
26.91%-15.91%๐Ÿ‡บ๐Ÿ‡ธ 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.