Action Construction Equipment
ACE.NS
#4093
Rank
$2.03 B
Marketcap
$17.12
Share price
1.26%
Change (1 day)
271.37%
Change (1 year)

Operating Margin for Action Construction Equipment (ACE.NS)

Operating Margin as of March 2024 (TTM): 10.22%

According to Action Construction Equipment's latest financial reports and stock price the company's current Operating Margin is 10.22%. At the end of 2022 the company had an Operating Margin of 8.43%.

Operating Margin history for Action Construction Equipment from 2013 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
20228.43%-4.47%
20218.83%49.71%
20205.90%-6.18%
20196.29%-7.83%
20186.82%112.23%
20173.21%37.4%
20162.34%73.57%
20151.35%85.67%
20140.73%-51.11%
20131.48%-65.5%
20124.30%-44.85%
20117.80%8.96%
20107.16%17.44%
20096.10%-42.89%
200810.67%34.49%
20077.94%

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.