According to Tata Steel's latest financial reports and stock price the company's current Operating Margin is 6.30%. At the end of 2023 the company had an Operating Margin of 7.55%.
Year | Operating Margin | Change |
---|---|---|
2023 | 7.55% | -63.35% |
2022 | 20.59% | 132.44% |
2021 | 8.86% | -5444.47% |
2020 | -0.17% | -101.64% |
2019 | 10.09% | -36.84% |
2018 | 15.97% | 625.17% |
2017 | 2.20% | -254.2% |
2016 | -1.43% | 43.45% |
2015 | -1.00% | -122.01% |
2014 | 4.53% | -247.35% |
2013 | -3.07% | -147.54% |
2012 | 6.46% | -35.23% |
2011 | 9.97% | 32841.23% |
2010 | 0.03% | -99.34% |
2009 | 4.58% | -63.23% |
2008 | 12.45% | -50.29% |
2007 | 25.04% | -8.09% |
2006 | 27.24% | -19.92% |
2005 | 34.02% |
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.