According to TCNS Clothing's latest financial reports and stock price the company's current Operating Margin is -35.28%. At the end of 2023 the company had an Operating Margin of -2.60%.
Year | Operating Margin | Change |
---|---|---|
2023 | -2.60% | 222.44% |
2022 | -0.81% | -93.35% |
2021 | -12.11% | -310.49% |
2020 | 5.75% | -59.15% |
2019 | 14.08% | -3.07% |
2018 | 14.53% | 63.25% |
2017 | 8.90% | -416.71% |
2016 | -2.81% | -120.65% |
2015 | 13.61% | 73.75% |
2014 | 7.83% |
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.