Toray Industries
3402.T
#2033
Rank
$7.18 B
Marketcap
$4.49
Share price
0.20%
Change (1 day)
-19.96%
Change (1 year)

Operating Margin for Toray Industries (3402.T)

Operating Margin as of April 2024 (TTM): 5.01%

According to Toray Industries 's latest financial reports and stock price the company's current Operating Margin is 5.01%. At the end of 2022 the company had an Operating Margin of 5.40%.

Operating Margin history for Toray Industries from 2009 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20225.40%55.1%
20213.48%-18.03%
20204.25%-20.39%
20195.33%-13.91%
20186.20%-9.68%
20176.86%4.75%
20166.55%15.03%
20155.69%7.02%
20145.32%8.83%
20134.89%-23.19%
20126.36%18.2%
20115.38%-3131.01%
2010-0.18%-86.77%
2009-1.34%-128.18%
20084.76%-9.86%
20075.28%-18.94%
20066.52%4.43%
20056.24%51.39%
20044.12%89.45%
20032.18%68.22%
20021.29%-56.97%
20013.01%

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.