According to Trident's latest financial reports and stock price the company's current Operating Margin is 10.40%. At the end of 2023 the company had an Operating Margin of 9.14%.
Year | Operating Margin | Change |
---|---|---|
2023 | 9.14% | -47.52% |
2022 | 17.42% | 88.34% |
2021 | 9.25% | -0.76% |
2020 | 9.32% | -14.58% |
2019 | 10.91% | 26.99% |
2018 | 8.59% | -7.92% |
2017 | 9.33% | 24.33% |
2016 | 7.51% | 67.85% |
2015 | 4.47% | -34.75% |
2014 | 6.85% | 182.04% |
2013 | 2.43% | -212.41% |
2012 | -2.16% | -160.66% |
2011 | 3.56% | -30.81% |
2010 | 5.15% | -186.7% |
2009 | -5.94% | -232.66% |
2008 | 4.48% | -40.36% |
2007 | 7.51% | -22.79% |
2006 | 9.73% | 9.19% |
2005 | 8.91% |
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.