According to Timbercreek Financial's latest financial reports and stock price the company's current Operating Margin is 40.56%. At the end of 2023 the company had an Operating Margin of 36.70%.
Year | Operating Margin | Change |
---|---|---|
2023 | 36.70% | -2.4% |
2022 | 37.60% | 6.12% |
2021 | 35.43% | 39.18% |
2020 | 25.46% | -41.26% |
2019 | 43.34% | 3.55% |
2018 | 41.85% | -6.91% |
2017 | 44.96% | -18.87% |
2016 | 55.42% | -2.51% |
2015 | 56.85% | -15.49% |
2014 | 67.26% | 5078.13% |
2013 | 1.30% | -214.66% |
2012 | -1.13% | -101.31% |
2011 | 86.17% | 8.13% |
2010 | 79.69% | -2.02% |
2009 | 81.34% | -3.26% |
2008 | 84.08% |
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.