Toromont
TIH.TO
#2320
Rank
$6.62 B
Marketcap
$80.84
Share price
-0.39%
Change (1 day)
-2.19%
Change (1 year)

Operating Margin for Toromont (TIH.TO)

Operating Margin as of December 2024 (TTM): 14.56%

According to Toromont's latest financial reports and stock price the company's current Operating Margin is 14.56%. At the end of 2023 the company had an Operating Margin of 15.62%.

Operating Margin history for Toromont from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202315.62%4.8%
202214.91%26.83%
202111.75%16.32%
202010.10%-5.78%
201910.72%8.04%
20189.93%-3.59%
201710.30%-7.72%
201611.16%0.91%
201511.06%1.55%
201410.89%2.62%
201310.61%-1.94%
201210.82%5.01%
201110.30%12.67%
20109.14%-7.25%
20099.86%-0.93%
20089.95%0.55%
20079.90%12.51%
20068.80%28.9%
20056.83%-10.29%
20047.61%9.86%
20036.92%10.17%
20026.29%-20.51%
20017.91%

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.