According to Time Technoplast's latest financial reports and stock price the company's current Operating Margin is 10.95%. At the end of 2023 the company had an Operating Margin of 7.11%.
Year | Operating Margin | Change |
---|---|---|
2023 | 7.11% | -0.01% |
2022 | 7.11% | 50.15% |
2021 | 4.73% | -28.47% |
2020 | 6.62% | -16.36% |
2019 | 7.91% | -1.99% |
2018 | 8.07% | 10.66% |
2017 | 7.29% | 14.01% |
2016 | 6.40% | 5.34% |
2015 | 6.07% | 3.42% |
2014 | 5.87% | -25.05% |
2013 | 7.84% | -2.58% |
2012 | 8.04% | -32.73% |
2011 | 11.96% | -5.43% |
2010 | 12.64% | -3.18% |
2009 | 13.06% | -25.2% |
2008 | 17.46% | 42.29% |
2007 | 12.27% |
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.