Tata Steel Long Products
TATASTLLP.NS
#6868
Rank
โ‚ฌ0.42 B
Marketcap
9,53ย โ‚ฌ
Share price
-0.07%
Change (1 day)
4.70%
Change (1 year)

Operating Margin for Tata Steel Long Products (TATASTLLP.NS)

Operating Margin as of November 2024 (TTM): -18.83%

According to Tata Steel Long Products's latest financial reports and stock price the company's current Operating Margin is -18.83%. At the end of 2023 the company had an Operating Margin of -28.23%.

Operating Margin history for Tata Steel Long Products from 2013 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2023-28.23%-315.86%
202213.08%-2.08%
202113.35%-186.33%
2020-15.47%-180.96%
201919.11%-27.79%
201826.46%76.68%
201714.98%105.61%
20167.28%-57.87%
201517.29%-9.74%
201419.15%21.12%
201315.81%-10.55%
201217.68%-20.5%
201122.24%-8.38%
201024.27%-18.52%
200929.79%-0.29%
200829.88%169.22%
200711.10%

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.