Interface Inc
NASDAQ:TILE
Operating Margin
Interface Inc
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| US |
|
Interface Inc
NASDAQ:TILE
|
1.2B USD |
10%
|
|
| US |
|
MSA Safety Inc
NYSE:MSA
|
6.5B USD |
22%
|
|
| CN |
|
Shanghai M&G Stationery Inc
SSE:603899
|
27.7B CNY |
7%
|
|
| JP |
|
Kokuyo Co Ltd
TSE:7984
|
366.7B JPY |
7%
|
|
| FR |
|
Societe BIC SA
PAR:BB
|
2.2B EUR |
15%
|
|
| US |
|
HNI Corp
NYSE:HNI
|
2.2B USD |
9%
|
|
| US |
|
Pitney Bowes Inc
NYSE:PBI
|
1.9B USD |
9%
|
|
| JP |
|
Okamura Corp
TSE:7994
|
205.6B JPY |
8%
|
|
| US |
|
Steelcase Inc
NYSE:SCS
|
1.2B USD |
5%
|
|
| US |
M
|
MillerKnoll Inc
NASDAQ:MLKN
|
1.1B USD |
2%
|
|
| JP |
|
Pilot Corp
TSE:7846
|
154.2B JPY |
15%
|
Interface Inc
Glance View
Interface Inc., a global leader in modular flooring, has woven a tapestry of innovation and sustainability into its corporate narrative. Originally founded in 1973 by Ray Anderson, the company revolutionized the commercial and industrial flooring industry by introducing modular carpet tiles, departing from traditional broadloom carpeting. This strategy afforded clients the flexibility to replace individual tiles rather than entire sections of carpet, minimizing waste and driving a more efficient, cost-effective maintenance model. The genius of Interface's business model lies in its ability to cater to a diverse market, with sectors ranging from corporate offices and educational institutions to healthcare facilities. The company not only manufactures carpets but also integrates cutting-edge technology and design innovation to enhance durability and aesthetics, thus consistently attracting a niche clientele that values both form and function. Looming as a beacon of environmental stewardship, Interface Inc. embarked on Mission Zero in the 1990s, a pledge to achieve zero negative environmental impact by 2020. This ambitious goal redefined the company's operational ethos, demonstrating that sustainability could be harmoniously aligned with profitability. The strategy involved recycling used carpets, adopting bio-based raw materials, and employing energy-efficient production processes. They even launched initiatives like ReEntry, which allowed them to reclaim used carpets for reuse and recycling, creating a closed-loop system that feeds into the production of new tiles. Such sustainability efforts not only reduced costs but also created a strong brand reputation that resonated with environmentally-conscious clients. With Interface's model, profitability intertwines seamlessly with environmental accountability, ensuring the company's pivotal role in driving long-term ecological change within the industry.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Interface Inc's most recent financial statements, the company has Operating Margin of 9.8%.
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