Tube Investments of India
TIINDIA.NS
#1991
Rank
โ‚ฌ7.53 B
Marketcap
38,90ย โ‚ฌ
Share price
0.59%
Change (1 day)
11.50%
Change (1 year)

Operating Margin for Tube Investments of India (TIINDIA.NS)

Operating Margin as of November 2024 (TTM): 10.71%

According to Tube Investments of India's latest financial reports and stock price the company's current Operating Margin is 10.71%. At the end of 2023 the company had an Operating Margin of 10.96%.

Operating Margin history for Tube Investments of India from 2017 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202310.96%16.33%
20229.42%50.56%
20216.25%-29.88%
20208.92%29.11%
20196.91%53.69%
20184.50%-12.59%
20175.14%112.55%
20162.42%

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.