According to Asahi India Glass's latest financial reports and stock price the company's current Operating Margin is 19.13%. At the end of 2022 the company had an Operating Margin of 16.23%.
Year | Operating Margin | Change |
---|---|---|
2022 | 16.23% | 90.53% |
2021 | 8.52% | 31.88% |
2020 | 6.46% | -32.91% |
2019 | 9.63% | -5.67% |
2018 | 10.20% | 48.52% |
2017 | 6.87% | 23.09% |
2016 | 5.58% | 164.93% |
2015 | 2.11% | -171.67% |
2014 | -2.94% | -54.8% |
2013 | -6.50% | 15.31% |
2012 | -5.64% | -413.76% |
2011 | 1.80% | -1517.42% |
2010 | -0.13% | -98.4% |
2009 | -7.93% | -662.6% |
2008 | 1.41% | -83.22% |
2007 | 8.41% | -45.28% |
2006 | 15.36% | 7.47% |
2005 | 14.29% |
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.