Titan Company
TITAN.NS
#511
Rank
$38.71 B
Marketcap
$43.64
Share price
1.01%
Change (1 day)
36.16%
Change (1 year)

Operating Margin for Titan Company (TITAN.NS)

Operating Margin as of April 2024 (TTM): 12.51%

According to Titan Company's latest financial reports and stock price the company's current Operating Margin is 12.51%. At the end of 2023 the company had an Operating Margin of 11.73%.

Operating Margin history for Titan Company from 2017 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202311.73%16.03%
202210.11%64.54%
20216.14%-38.7%
202010.02%0.99%
20199.92%4.45%
20189.50%26.21%
20177.53%-0.83%
20167.59%-13.86%
20158.81%-4.62%
20149.24%-7.16%
20139.95%4.74%
20129.50%2.87%
20119.23%33.86%
20106.90%11.04%
20096.21%-7.01%
20086.68%1.36%
20076.59%1.19%
20066.51%150.1%
20052.60%-62.61%
20046.97%

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.