According to Trina Solar's latest financial reports and stock price the company's current Operating Margin is 1.12%. At the end of 2023 the company had an Operating Margin of 5.76%.
Year | Operating Margin | Change |
---|---|---|
2023 | 5.76% | 22.99% |
2022 | 4.68% | -8.36% |
2021 | 5.11% | 6.88% |
2020 | 4.78% | 28.23% |
2019 | 3.73% | 30.89% |
2018 | 2.85% | -2.35% |
2017 | 2.92% | -3.6% |
2016 | 3.03% |
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.