TRIMAS CORP Annual Operating Margin in % from 2015 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Trimas Corp quarterly/annual Operating Margin history and growth rate from 2015 to 2023.
  • Trimas Corp Operating Margin for the quarter ending September 30, 2024 was 5.54 %, a 38.7% decline year-over-year.
  • Trimas Corp annual Operating Margin for 2023 was 7.32 %, a 34.6% decline from 2022.
  • Trimas Corp annual Operating Margin for 2022 was 11.2 %, a 0.99% increase from 2021.
  • Trimas Corp annual Operating Margin for 2021 was 11.1 %.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 7.32 -3.88 -34.6% Jan 1, 2023 Dec 31, 2023
2022 11.2 +0.11 +0.99% Jan 1, 2022 Dec 31, 2022
2021 11.1 +22.6 Jan 1, 2021 Dec 31, 2021
2020 -11.5 -24.1 -191% Jan 1, 2020 Dec 31, 2020
2019 12.6 -2.83 -18.3% Jan 1, 2019 Dec 31, 2019
2018 15.4 +1.3 +9.2% Jan 1, 2018 Dec 31, 2018
2017 14.1 +19.4 Jan 1, 2017 Dec 31, 2017
2016 -5.28 -4.79 -974% Jan 1, 2016 Dec 31, 2016
2015 -0.49 Jan 1, 2015 Dec 31, 2015
* An asterisk sign (*) next to the value indicates that the value is likely invalid.