Timken India
TIMKEN.NS
$50.54
Share price
0.26%
Change (1 day)
28.97%
Change (1 year)
Operating Margin for Timken India (TIMKEN.NS)
Operating Margin as of May 2024 (TTM): 18.65%
According to Timken India's latest financial reports and stock price the company's current Operating Margin is 18.65%. At the end of 2023 the company had an Operating Margin of 18.75%.
Operating Margin history for Timken India from 2013 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 18.75% | -7.14% |
| 2022 | 20.20% | 44.23% |
| 2021 | 14.00% | -27.53% |
| 2020 | 19.32% | 42.53% |
| 2019 | 13.56% | 18.18% |
| 2018 | 11.47% | -13.19% |
| 2017 | 13.21% | -2.83% |
| 2016 | 13.60% | 1.39% |
| 2015 | 13.41% | 43.88% |
| 2014 | 9.32% | -2.49% |
| 2013 | 9.56% | |
| 2010 | 16.66% | 9.11% |
| 2009 | 15.27% | -24.73% |
| 2008 | 20.28% | 16.57% |
| 2007 | 17.40% | -7.24% |
| 2006 | 18.76% | 1.75% |
| 2005 | 18.44% |
What is a company's Operating Margin
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.