Turkish Airlines
THYAO.IS
#1461
Rank
C$16.52 B
Marketcap
$12.01
Share price
3.26%
Change (1 day)
9.76%
Change (1 year)

Operating Margin for Turkish Airlines (THYAO.IS)

Operating Margin as of September 2024 (TTM): 16.55%

According to Turkish Airlines's latest financial reports and stock price the company's current Operating Margin is 16.55%. At the end of 2022 the company had an Operating Margin of 18.86%.

Operating Margin history for Turkish Airlines from 2009 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202218.86%46.61%
202112.86%-239.92%
2020-9.19%-204.02%
20198.84%-16.33%
201810.56%143.12%
20174.34%87.15%
20162.32%-84.81%
201515.28%39.95%
201410.92%62.98%
20136.70%-39%
201210.98%254.51%
20113.10%-49.64%
20106.15%-52.41%
200912.93%-60.79%
200832.97%52.97%
200721.55%202.9%
20067.12%32.29%
20055.38%-19.18%
20046.65%-58.86%
200316.18%11.88%
200214.46%

What is a company's Operating Margin

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.