According to Aditya Birla Capital 's latest financial reports and stock price the company's current Operating Margin is 39.22%. At the end of 2023 the company had an Operating Margin of 39.23%.
Year | Operating Margin | Change |
---|---|---|
2023 | 39.23% | 72.66% |
2022 | 22.72% | -20.12% |
2021 | 28.44% | -22.79% |
2020 | 36.83% | 1.28% |
2019 | 36.37% | 6.91% |
2018 | 34.02% | -41.12% |
2017 | 57.77% | -15.8% |
2016 | 68.61% | 12.53% |
2015 | 60.97% |
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.