According to Titan Company's latest financial reports and stock price the company's current Operating Margin is 8.73%. At the end of 2023 the company had an Operating Margin of 10.99%.
Year | Operating Margin | Change |
---|---|---|
2023 | 10.99% | 8.8% |
2022 | 10.11% | 64.54% |
2021 | 6.14% | -38.71% |
2020 | 10.02% | 1% |
2019 | 9.92% | 4.45% |
2018 | 9.50% | 29.2% |
2017 | 7.35% | -4.67% |
2016 | 7.71% | -12.47% |
2015 | 8.81% | -4.62% |
2014 | 9.24% | -6.98% |
2013 | 9.93% | 4.43% |
2012 | 9.51% | 2.98% |
2011 | 9.23% | 33.86% |
2010 | 6.90% | 11.04% |
2009 | 6.21% | -7.01% |
2008 | 6.68% | 1.36% |
2007 | 6.59% | 1.19% |
2006 | 6.51% | 153.98% |
2005 | 2.56% | -63.18% |
2004 | 6.97% |
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.