According to Traton's latest financial reports and stock price the company's current Operating Margin is 9.34%. At the end of 2023 the company had an Operating Margin of 6.94%.
Year | Operating Margin | Change |
---|---|---|
2023 | 6.94% | 79.44% |
2022 | 3.87% | 82.75% |
2021 | 2.12% | -1505.51% |
2020 | -0.15% | -102.06% |
2019 | 7.30% | 20.94% |
2018 | 6.04% |
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.