TechPrecision
TPCS
#9529
Rank
โ‚น2.50 B
Marketcap
โ‚น259.97
Share price
2.33%
Change (1 day)
-54.40%
Change (1 year)

Operating Margin for TechPrecision (TPCS)

Operating Margin as of November 2024 (TTM): -14.64%

According to TechPrecision's latest financial reports and stock price the company's current Operating Margin is -14.64%. At the end of 2023 the company had an Operating Margin of -2.49%.

Operating Margin history for TechPrecision from 2007 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-2.49%2.43%
2022-2.43%-189.18%
20212.73%-205.34%
2020-2.59%-128.39%
20199.12%205.96%
20182.98%-75.37%
201712.11%50.29%
20168.06%-139.22%
2015-20.54%-40.57%
2014-34.56%478.58%
2013-5.97%-44.69%
2012-10.80%-181.53%
201113.24%60.23%
20108.27%-65.74%
200924.13%30.64%
200818.47%564.63%
20072.78%-245.9%
2006-1.90%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
22.35%-252.66%๐Ÿ‡บ๐Ÿ‡ธ USA
12.59%-186.00%๐Ÿ‡บ๐Ÿ‡ธ USA
12.12%-182.79%๐Ÿ‡บ๐Ÿ‡ธ USA

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.