Titan Machinery
TITN
Operating Margin for Titan Machinery (TITN)
Operating Margin as of April 2024 (TTM): 5.07%
According to Titan Machinery's latest financial reports and stock price the company's current Operating Margin is 5.07%. At the end of 2022 the company had an Operating Margin of 5.08%.
Operating Margin history for Titan Machinery from 2005 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 5.08% | 132.94% |
| 2021 | 2.18% | 94.12% |
| 2020 | 1.12% | -12.33% |
| 2019 | 1.28% | -206.68% |
| 2018 | -1.20% | -35.89% |
| 2017 | -1.87% | -54.44% |
| 2016 | -4.11% | 103.68% |
| 2015 | -2.02% | -343.75% |
| 2014 | 0.83% | -74.26% |
| 2013 | 3.22% | -27.49% |
| 2012 | 4.43% | 30.35% |
| 2011 | 3.40% | 5.72% |
| 2010 | 3.22% | -27.16% |
| 2009 | 4.42% | 105.19% |
| 2008 | 2.15% | 3.48% |
| 2007 | 2.08% | 6.76% |
| 2006 | 1.95% | -98.05% |
| 2005 | 100.00% | 34830.11% |
| 2004 | 0.29% | -72.06% |
| 2003 | 1.02% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 W. W. Grainger
GWW | 14.09% | 177.91% | 🇺🇸 USA |
 Tractor Supply TSCO | 9.67% | 90.73% | 🇺🇸 USA |
 Conn's
CONN | -4.94% | -197.44% | 🇺🇸 USA |
 Douglas Dynamics
PLOW | 5.98% | 17.95% | 🇺🇸 USA |
 AGCO AGCO | 8.75% | 72.58% | 🇺🇸 USA |
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.