According to TC Bancshares's latest financial reports and stock price the company's current Operating Margin is -0.36%. At the end of 2023 the company had an Operating Margin of 2.48%.
Year | Operating Margin | Change |
---|---|---|
2023 | 2.48% | -83.77% |
2022 | 15.30% | -31.98% |
2021 | 22.49% | 725.62% |
2020 | 2.72% | -81.46% |
2019 | 14.69% |
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.