Apollo Pipes
APOLLOPIPE.NS
#6555
Rank
$0.31 B
Marketcap
$7.63
Share price
2.69%
Change (1 day)
-10.90%
Change (1 year)

Operating Margin for Apollo Pipes (APOLLOPIPE.NS)

Operating Margin as of July 2024 (TTM): 4.55%

According to Apollo Pipes's latest financial reports and stock price the company's current Operating Margin is 4.55%. At the end of 2022 the company had an Operating Margin of 9.15%.

Operating Margin history for Apollo Pipes from 2013 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
20229.15%-27.35%
202112.60%16.96%
202010.77%-2.66%
201911.07%-8%
201812.03%6.02%
201711.35%18.2%
20169.60%-42.93%
201516.82%-78.03%
201476.57%-2.51%
201378.55%-2.2%
201280.31%1210.29%
20116.13%28.12%
20104.78%-995.62%
2009-0.53%

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.