Titan Cement International
TITC.BR
$32.35
Share price
2.91%
Change (1 day)
98.22%
Change (1 year)
Categories
Operating Margin for Titan Cement International (TITC.BR)
Operating Margin at the end of 2022: 6.01%
According to Titan Cement International's latest financial reports and stock price the company's current Operating Margin is 6.01%. At the end of 2022 the company had an Operating Margin of 6.01%.
Operating Margin history for Titan Cement International from 2016 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 6.01% | -4.88% |
| 2021 | 6.32% | 171.2% |
| 2020 | 2.33% | -41.72% |
| 2019 | 4.00% | -27.87% |
| 2018 | 5.54% | 32.07% |
| 2017 | 4.20% | -0.25% |
| 2016 | 4.21% |
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.