Apollo Tyres
APOLLOTYRE.NS
Operating Margin for Apollo Tyres (APOLLOTYRE.NS)
Operating Margin as of April 2024 (TTM): 9.30%
According to Apollo Tyres's latest financial reports and stock price the company's current Operating Margin is 9.30%. At the end of 2022 the company had an Operating Margin of 4.12%.
Operating Margin history for Apollo Tyres from 2012 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 4.12% | 24.43% |
| 2021 | 3.31% | -1.96% |
| 2020 | 3.38% | -34.34% |
| 2019 | 5.14% | -25.47% |
| 2018 | 6.90% | -37.22% |
| 2017 | 10.99% | -18.08% |
| 2016 | 13.42% | 28.28% |
| 2015 | 10.46% | 12.99% |
| 2014 | 9.26% | 37.92% |
| 2013 | 6.71% | 46.57% |
| 2012 | 4.58% | -25.57% |
| 2011 | 6.15% | -36.67% |
| 2010 | 9.71% | 126.9% |
| 2009 | 4.28% | -50.44% |
| 2008 | 8.64% | 89.16% |
| 2007 | 4.57% | -1.85% |
| 2006 | 4.65% | 24.51% |
| 2005 | 3.74% | -33.99% |
| 2004 | 5.66% |
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.