According to True Corporation's latest financial reports and stock price the company's current Operating Margin is -9.47%. At the end of 2022 the company had an Operating Margin of -13.31%.
Year | Operating Margin | Change |
---|---|---|
2022 | -13.31% | 1299.11% |
2021 | -0.95% | -239.24% |
2020 | 0.68% | -87.57% |
2019 | 5.50% | -31.42% |
2018 | 8.01% | 211.75% |
2017 | 2.57% | -238.34% |
2016 | -1.86% | -147.45% |
2015 | 3.92% | -721.19% |
2014 | -0.63% | -90.29% |
2013 | -6.49% | -0.81% |
2012 | -6.54% | -768.97% |
2011 | 0.98% | -63.68% |
2010 | 2.69% | -46.51% |
2009 | 5.03% | -228.13% |
2008 | -3.93% | -189.01% |
2007 | 4.41% | -153.27% |
2006 | -8.29% | -27.65% |
2005 | -11.45% | 84.37% |
2004 | -6.21% | -68.93% |
2003 | -19.99% | -3.64% |
2002 | -20.75% | 25.9% |
2001 | -16.48% |
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.