3M India
3MINDIA.NS
$356.33
Share price
-0.12%
Change (1 day)
26.61%
Change (1 year)
Categories
Operating Margin for 3M India (3MINDIA.NS)
Operating Margin as of May 2024 (TTM): 16.42%
According to 3M India's latest financial reports and stock price the company's current Operating Margin is 16.42%. At the end of 2023 the company had an Operating Margin of 15.34%.
Operating Margin history for 3M India from 2012 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 15.34% | 39.17% |
| 2022 | 11.02% | 30.48% |
| 2021 | 8.45% | -41.71% |
| 2020 | 14.49% | -17.18% |
| 2019 | 17.50% | -6.78% |
| 2018 | 18.77% | 20.1% |
| 2017 | 15.63% | 6.62% |
| 2016 | 14.66% | 63.77% |
| 2015 | 8.95% | 125.43% |
| 2014 | 3.97% | -16.95% |
| 2013 | 4.78% | -30.1% |
| 2012 | 6.84% | -45.69% |
| 2011 | 12.60% | |
| 2008 | 12.26% | -29.82% |
| 2007 | 17.46% | 13.28% |
| 2006 | 15.42% | -3.33% |
| 2005 | 15.95% |
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.