Trina Solar
688599.SS
$2.94
Share price
-1.53%
Change (1 day)
-58.71%
Change (1 year)
Categories
Operating Margin for Trina Solar (688599.SS)
Operating Margin as of May 2024 (TTM): 6.92%
According to Trina Solar's latest financial reports and stock price the company's current Operating Margin is 6.92%. At the end of 2022 the company had an Operating Margin of 4.68%.
Operating Margin history for Trina Solar from 2020 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 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% |
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.