Tube Investments of India
TIINDIA.NS
$45.83
Share price
0.75%
Change (1 day)
45.12%
Change (1 year)
Categories
Operating Margin for Tube Investments of India (TIINDIA.NS)
Operating Margin as of May 2024 (TTM): 11.50%
According to Tube Investments of India's latest financial reports and stock price the company's current Operating Margin is 11.50%. At the end of 2023 the company had an Operating Margin of 10.96%.
Operating Margin history for Tube Investments of India from 2017 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 10.96% | 14.68% |
| 2022 | 9.55% | 35.05% |
| 2021 | 7.07% | -20.59% |
| 2020 | 8.91% | 28.98% |
| 2019 | 6.91% | 54.53% |
| 2018 | 4.47% | -13.01% |
| 2017 | 5.14% | 112.34% |
| 2016 | 2.42% |
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.