According to Titan Company's latest financial reports and stock price the company's current Operating Margin is 12.51%. At the end of 2022 the company had an Operating Margin of 10.11%.
Year | Operating Margin | Change |
---|---|---|
2022 | 10.11% | 64.54% |
2021 | 6.14% | -38.7% |
2020 | 10.02% | 0.99% |
2019 | 9.92% | 4.45% |
2018 | 9.50% | 26.21% |
2017 | 7.53% | -0.83% |
2016 | 7.59% | -13.86% |
2015 | 8.81% | -4.62% |
2014 | 9.24% | -7.16% |
2013 | 9.95% | 4.74% |
2012 | 9.50% | 2.87% |
2011 | 9.23% | 33.86% |
2010 | 6.90% | 11.04% |
2009 | 6.21% | -7.01% |
2008 | 6.68% | 1.36% |
2007 | 6.59% | 1.19% |
2006 | 6.51% | 150.1% |
2005 | 2.60% | -62.61% |
2004 | 6.97% |
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.