According to Thurgauer Kantonalbank's latest financial reports and stock price the company's current Operating Margin is 39.46%. At the end of 2023 the company had an Operating Margin of 39.47%.
Year | Operating Margin | Change |
---|---|---|
2023 | 39.47% | -5.87% |
2022 | 41.93% | 0.61% |
2021 | 41.68% | 7.51% |
2020 | 38.77% | -12.73% |
2019 | 44.42% | 0.15% |
2018 | 44.36% | 1.52% |
2017 | 43.69% | -0.23% |
2016 | 43.79% | 7.47% |
2015 | 40.75% | -1.17% |
2014 | 41.23% | -5.36% |
2013 | 43.57% | 26.36% |
2012 | 34.48% |
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.