Ashok Leyland
ASHOKLEY.NS
#2070
Rank
$7.08 B
Marketcap
$2.41
Share price
4.52%
Change (1 day)
35.39%
Change (1 year)

Operating Margin for Ashok Leyland (ASHOKLEY.NS)

Operating Margin as of May 2024 (TTM): 12.02%

According to Ashok Leyland 's latest financial reports and stock price the company's current Operating Margin is 12.02%. At the end of 2023 the company had an Operating Margin of 5.47%.

Operating Margin history for Ashok Leyland from 2012 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20235.47%-815.32%
2022-0.76%120.82%
2021-0.35%-110.19%
20203.40%-61.24%
20198.77%-1.17%
20188.87%8.27%
20178.19%3.23%
20167.94%-2992.73%
2015-0.27%-89.66%
2014-2.65%-168.81%
20133.86%-28.21%
20125.37%-25.5%
20117.21%4.22%
20106.92%98.56%
20093.49%-51.21%
20087.14%-1.87%
20077.28%-2.58%
20067.47%1.26%
20057.38%

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.