Turkish Airlines
THYAO.IS
$9.64
Share price
1.13%
Change (1 day)
37.32%
Change (1 year)
Categories
Operating Margin for Turkish Airlines (THYAO.IS)
Operating Margin as of April 2024 (TTM): 21.46%
According to Turkish Airlines's latest financial reports and stock price the company's current Operating Margin is 21.46%. At the end of 2022 the company had an Operating Margin of 18.86%.
Operating Margin history for Turkish Airlines from 2009 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 18.86% | |
| 2020 | -8.55% | |
| 2018 | 10.56% | 143.12% |
| 2017 | 4.34% | 87.15% |
| 2016 | 2.32% | -84.81% |
| 2015 | 15.28% | 39.22% |
| 2014 | 10.98% | 64.13% |
| 2013 | 6.69% | -37.33% |
| 2012 | 10.67% | 224.46% |
| 2011 | 3.29% | -46.54% |
| 2010 | 6.15% | -52.41% |
| 2009 | 12.93% | -60.79% |
| 2008 | 32.97% | 200.96% |
| 2007 | 10.95% | 63.99% |
| 2006 | 6.68% | 24.2% |
| 2005 | 5.38% | -19.18% |
| 2004 | 6.65% | -59.92% |
| 2003 | 16.60% | 14.83% |
| 2002 | 14.46% |
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.