According to Aavas Financiers 's latest financial reports and stock price the company's current Operating Margin is 27.46%. At the end of 2022 the company had an Operating Margin of 40.76%.
Year | Operating Margin | Change |
---|---|---|
2022 | 40.76% | 8.2% |
2021 | 37.67% | -3.93% |
2020 | 39.21% | -5.75% |
2019 | 41.60% | 27.27% |
2018 | 32.69% | 10.15% |
2017 | 29.68% | 11.87% |
2016 | 26.53% | -5.04% |
2015 | 27.94% | 61.65% |
2014 | 17.28% |
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.