TITAN INTERNATIONAL INC Annual Operating Margin in % from 2016 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Titan International Inc quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • Titan International Inc Operating Margin for the quarter ending September 30, 2024 was 3.83 %, a 56% decline year-over-year.
  • Titan International Inc annual Operating Margin for 2023 was 8.16 %, a 13.9% decline from 2022.
  • Titan International Inc annual Operating Margin for 2022 was 9.49 %, a 98.2% increase from 2021.
  • Titan International Inc annual Operating Margin for 2021 was 4.78 %.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 8.16 -1.32 -13.9% Jan 1, 2023 Dec 31, 2023
2022 9.49 +4.7 +98.2% Jan 1, 2022 Dec 31, 2022
2021 4.78 +7.59 Jan 1, 2021 Dec 31, 2021
2020 -2.81 -0.84 -42.8% Jan 1, 2020 Dec 31, 2020
2019 -1.96 -4.6 -174% Jan 1, 2019 Dec 31, 2019
2018 2.64 +3.4 Jan 1, 2018 Dec 31, 2018
2017 -0.76 +1.01 +57.1% Jan 1, 2017 Dec 31, 2017
2016 -1.77 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.