According to TCG BDC 's latest financial reports and stock price the company's current Operating Margin is 94.73%. At the end of 2023 the company had an Operating Margin of 93.70%.
Year | Operating Margin | Change |
---|---|---|
2023 | 93.70% | 1.42% |
2022 | 92.39% | -3.7% |
2021 | 95.93% | 121.85% |
2020 | 43.24% | -50.83% |
2019 | 87.96% | 6.8% |
2018 | 82.35% | -15.95% |
2017 | 97.98% | -0.1% |
2016 | 98.08% | 7.76% |
2015 | 91.02% | 71.1% |
2014 | 53.20% | -194.44% |
2013 | -56.33% |
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.