Astec Lifesciences
ASTEC.NS
#6592
Rank
$0.29 B
Marketcap
$14.86
Share price
-3.50%
Change (1 day)
-9.17%
Change (1 year)

Operating Margin for Astec Lifesciences (ASTEC.NS)

Operating Margin as of May 2024 (TTM): 12.86%

According to Astec Lifesciences 's latest financial reports and stock price the company's current Operating Margin is 12.86%. At the end of 2022 the company had an Operating Margin of 17.90%.

Operating Margin history for Astec Lifesciences from 2012 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
202217.90%11.53%
202116.05%36.74%
202011.74%-9.51%
201912.97%-15.87%
201815.42%60.24%
20179.62%-243.06%
2016-6.73%-194.48%
20157.12%32.17%
20145.39%8.14%
20134.98%210.3%
20121.61%-74.77%
20116.36%-58.54%
201015.35%4.34%
200914.71%-14.11%
200817.12%

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.