Transport Corporation of India
TCI.NS
#5440
Rank
โ‚ฌ0.91 B
Marketcap
11,80ย โ‚ฌ
Share price
2.71%
Change (1 day)
34.76%
Change (1 year)

Operating Margin for Transport Corporation of India (TCI.NS)

Operating Margin as of September 2024 (TTM): 9.98%

According to Transport Corporation of India 's latest financial reports and stock price the company's current Operating Margin is 9.98%. At the end of 2023 the company had an Operating Margin of 9.62%.

Operating Margin history for Transport Corporation of India from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20239.62%-5.1%
202210.14%63.08%
20216.22%6.1%
20205.86%-9.8%
20196.50%-0.05%
20186.50%25.52%
20175.18%24.34%
20164.17%-12.07%
20154.74%5.93%
20144.47%-5.71%
20134.74%8.32%
20124.38%-0.91%
20114.42%-94.89%
201086.49%26.05%
200968.62%-24.62%
200891.03%124.76%
200740.50%

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.