Tofaş Türk Otomobil Fabrikası
TOASO.IS
#2941
Rank
$4.24 B
Marketcap
$8.50
Share price
0.64%
Change (1 day)
-10.35%
Change (1 year)

Operating Margin for Tofaş Türk Otomobil Fabrikası (TOASO.IS)

Operating Margin as of May 2024 (TTM): 18.49%

According to Tofaş Türk Otomobil Fabrikası's latest financial reports and stock price the company's current Operating Margin is 18.49%. At the end of 2022 the company had an Operating Margin of 12.82%.

Operating Margin history for Tofaş Türk Otomobil Fabrikası from 2009 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202212.82%11.37%
202111.51%50.78%
20207.63%1.48%
20197.52%11.3%
20186.76%-1.77%
20176.88%25.94%
20165.46%-10.1%
20156.08%-1.92%
20146.20%-6.28%
20136.61%-9.8%
20127.33%5.84%
20116.93%13.32%
20106.11%15.44%
20095.29%15.55%
20084.58%-23.44%
20075.98%2.33%
20065.85%-9.26%
20056.44%509.3%
20041.06%-88.6%
20039.28%360.01%
20022.02%

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.