Titan Cement International
TITC.BR
#3618
Rank
HK$23.03 B
Marketcap
HK$310.20
Share price
7.49%
Change (1 day)
92.14%
Change (1 year)

Operating Margin for Titan Cement International (TITC.BR)

Operating Margin as of November 2024 (TTM): 12.74%

According to Titan Cement International's latest financial reports and stock price the company's current Operating Margin is 12.74%. At the end of 2022 the company had an Operating Margin of 6.01%.

Operating Margin history for Titan Cement International from 2023 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20226.01%-4.88%
20216.32%174.97%
20202.30%-42.52%
20194.00%-27.84%
20185.54%32.01%
20174.20%-0.25%
20164.21%

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.