According to Tofaş Türk Otomobil Fabrikası's latest financial reports and stock price the company's current Operating Margin is 7.15%. At the end of 2023 the company had an Operating Margin of 14.07%.
Year | Operating Margin | Change |
---|---|---|
2023 | 14.07% | 66.85% |
2022 | 8.43% | -26.74% |
2021 | 11.51% | 50.78% |
2020 | 7.63% | 1.48% |
2019 | 7.52% | 11.3% |
2018 | 6.76% | -1.77% |
2017 | 6.88% | 25.94% |
2016 | 5.46% | -10.1% |
2015 | 6.08% | -1.92% |
2014 | 6.20% | -6.28% |
2013 | 6.61% | -8.38% |
2012 | 7.22% | 5.83% |
2011 | 6.82% | 11.57% |
2010 | 6.11% | 15.75% |
2009 | 5.28% | 15.24% |
2008 | 4.58% | -21.56% |
2007 | 5.84% | -0.12% |
2006 | 5.85% | -9.26% |
2005 | 6.44% | 488.18% |
2004 | 1.10% | 146.17% |
2003 | 0.45% | -77.93% |
2002 | 2.02% |
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.