According to Asian Granito India 's latest financial reports and stock price the company's current Operating Margin is -0.87%. At the end of 2022 the company had an Operating Margin of 8.71%.
Year | Operating Margin | Change |
---|---|---|
2022 | 8.71% | 2.77% |
2021 | 8.47% | 9.89% |
2020 | 7.71% | 38.07% |
2019 | 5.59% | -43.88% |
2018 | 9.95% | 18.12% |
2017 | 8.43% | 32.63% |
2016 | 6.35% | 34.63% |
2015 | 4.72% | -14.27% |
2014 | 5.50% | -21.07% |
2013 | 6.97% | -8.15% |
2012 | 7.59% | 3.48% |
2011 | 7.34% | -10.57% |
2010 | 8.20% | -36.63% |
2009 | 12.95% | -34.93% |
2008 | 19.89% | 7.87% |
2007 | 18.44% |
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.