According to Bank of India 's latest financial reports and stock price the company's current Operating Margin is 33.81%. At the end of 2023 the company had an Operating Margin of 23.14%.
Year | Operating Margin | Change |
---|---|---|
2023 | 23.14% | -10.62% |
2022 | 25.88% | 144.13% |
2021 | 10.60% | -150.62% |
2020 | -20.94% | -58.66% |
2019 | -50.66% | -11.57% |
2018 | -57.28% | 363.19% |
2017 | -12.37% | -76.55% |
2016 | -52.73% | -493.17% |
2015 | 13.41% | -46.66% |
2014 | 25.15% | -54.25% |
2013 | 54.96% | 70.07% |
2012 | 32.32% |
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.