Steelcase Inc
NYSE:SCS
Operating Margin
Steelcase 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 |
|
Steelcase Inc
NYSE:SCS
|
1.2B USD |
5%
|
|
| 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 |
|
Interface Inc
NASDAQ:TILE
|
1.2B USD |
10%
|
|
| US |
M
|
MillerKnoll Inc
NASDAQ:MLKN
|
1.1B USD |
2%
|
|
| JP |
|
Pilot Corp
TSE:7846
|
154.2B JPY |
15%
|
Steelcase Inc
Glance View
Steelcase Inc., a stalwart in the world of office furniture and workplace solutions, has a storied legacy dating back to its founding in 1912. Nestled in Grand Rapids, Michigan, the company was initially driven by a commitment to innovation, evidenced by its first patent for the metal wastebasket—a simple idea that revolutionized the industry. Over the decades, Steelcase has matured into a global leader, expanding its horizons far beyond wastebaskets to encompass a comprehensive range of office furniture, architecture, and technology products. At the heart of Steelcase's operations is a nuanced understanding of workplace dynamics and the ever-evolving nature of work itself. This insight drives the company to craft environments that enhance productivity, creativity, and well-being, making workplaces not just functional, but inspirational as well. Steelcase's business model thrives on creating value through research and design. The company invests heavily in studies to decipher the future of work, leveraging insights to develop products that anticipate and address emerging needs. Its revenue streams are anchored in the sales of furniture systems, seating products, storage solutions, and architectural products like demountable walls, all integrated with advanced technology to meet modern demands. Steelcase serves a diverse clientele, ranging from small businesses to multinational corporations, across sectors such as education, healthcare, and government. The company's success hinges on its ability to nurture relationships with these clients, understanding their unique challenges, and delivering tailored solutions. Through this adaptive approach, Steelcase not only maintains its market leadership but also reinforces its role as a pioneer in shaping how the world works.
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 Steelcase Inc's most recent financial statements, the company has Operating Margin of 5.3%.
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