Tofaş Türk Otomobil Fabrikası
TOASO.IS
#3654
Rank
£2.26 B
Marketcap
£4.52
Share price
0.72%
Change (1 day)
-34.56%
Change (1 year)

Operating Margin for Tofaş Türk Otomobil Fabrikası (TOASO.IS)

Operating Margin as of November 2024 (TTM): 10.49%

According to Tofaş Türk Otomobil Fabrikası's latest financial reports and stock price the company's current Operating Margin is 10.49%. At the end of 2023 the company had an Operating Margin of 14.07%.

Operating Margin history for Tofaş Türk Otomobil Fabrikası from 2009 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202314.07%66.85%
20228.43%-26.74%
202111.51%50.78%
20207.63%1.48%
20197.52%11.3%
20186.76%-1.77%
20176.88%25.94%
20165.46%-10.1%
20156.08%-1.92%
20146.20%-6.28%
20136.61%-8.38%
20127.22%5.83%
20116.82%11.57%
20106.11%15.75%
20095.28%15.24%
20084.58%-21.56%
20075.84%-0.12%
20065.85%-9.26%
20056.44%488.18%
20041.10%146.17%
20030.45%-77.93%
20022.02%

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.