According to Tata Steel Long Products's latest financial reports and stock price the company's current Operating Margin is -28.23%. At the end of 2022 the company had an Operating Margin of 13.08%.
Year | Operating Margin | Change |
---|---|---|
2022 | 13.08% | -2.08% |
2021 | 13.35% | -186.33% |
2020 | -15.47% | -180.96% |
2019 | 19.11% | -27.79% |
2018 | 26.46% | 76.68% |
2017 | 14.98% | 105.61% |
2016 | 7.28% | -57.87% |
2015 | 17.29% | -9.74% |
2014 | 19.15% | 21.12% |
2013 | 15.81% | -10.55% |
2012 | 17.68% | -20.5% |
2011 | 22.24% | -8.38% |
2010 | 24.27% | -18.52% |
2009 | 29.79% | -0.29% |
2008 | 29.88% | 169.22% |
2007 | 11.10% |
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.