According to Transport Corporation of India 's latest financial reports and stock price the company's current Operating Margin is 10.15%. At the end of 2022 the company had an Operating Margin of 10.15%.
Year | Operating Margin | Change |
---|---|---|
2022 | 10.15% | 63.13% |
2021 | 6.22% | 6.14% |
2020 | 5.86% | -9.8% |
2019 | 6.50% | -0.21% |
2018 | 6.51% | 26.01% |
2017 | 5.17% | 11.96% |
2016 | 4.62% | -2.58% |
2015 | 4.74% | 6.27% |
2014 | 4.46% | -6.01% |
2013 | 4.74% | 8.33% |
2012 | 4.38% | -95.49% |
2011 | 97.07% | 12.3% |
2010 | 86.44% | 25.96% |
2009 | 68.62% | -24.61% |
2008 | 91.03% | 124.76% |
2007 | 40.50% |
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.