Toyota Motor Corporation is a multinational company and one of the largest automobile manufacturers in the world. In 2016, the company manufactured approximately 10.2 million vehicles, making it the world's largest automaker in terms of production figures, ahead of Volkswagen AG.
Operating Margin for Toyota (TM)
Operating Margin as of April 2024 (TTM): 9.87%
According to Toyota's latest financial reports and stock price the company's current Operating Margin is 9.87%. At the end of 2023 the company had an Operating Margin of 9.87%.
Operating Margin history for Toyota from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 9.87% | -22.35% |
| 2022 | 12.72% | 18.02% |
| 2021 | 10.77% | 26.24% |
| 2020 | 8.54% | 12.88% |
| 2019 | 7.56% | -15.22% |
| 2018 | 8.92% | 12.2% |
| 2017 | 7.95% | -24.32% |
| 2016 | 10.50% | -1.11% |
| 2015 | 10.62% | 11.79% |
| 2014 | 9.50% | 49.35% |
| 2013 | 6.36% | 173.11% |
| 2012 | 2.33% | -21.46% |
| 2011 | 2.97% | 92.83% |
| 2010 | 1.54% | -156.35% |
| 2009 | -2.73% | -129.44% |
| 2008 | 9.27% | -6.81% |
| 2007 | 9.95% | 0.27% |
| 2006 | 9.92% | 4.91% |
| 2005 | 9.46% | -7.36% |
| 2004 | 10.21% | 24.83% |
| 2003 | 8.18% | 19.56% |
| 2002 | 6.84% | -25.03% |
| 2001 | 9.12% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Tesla TSLA | 14.35% | 45.39% | 🇺🇸 USA |
 Ford F | -1.90% | -119.25% | 🇺🇸 USA |
 Volkswagen VOW3.DE | 6.56% | -33.54% | 🇩🇪 Germany |
 Honda HMC | 6.78% | -31.31% | 🇯🇵 Japan |
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.