CARE's Ratings
CARERATING.NS
#6623
Rank
A$0.78 B
Marketcap
$26.14
Share price
2.12%
Change (1 day)
64.84%
Change (1 year)

Operating Margin for CARE's Ratings (CARERATING.NS)

Operating Margin as of November 2024 (TTM): 45.65%

According to CARE's Ratings's latest financial reports and stock price the company's current Operating Margin is 45.65%. At the end of 2023 the company had an Operating Margin of 45.07%.

Operating Margin history for CARE's Ratings from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202345.07%12.86%
202239.94%-19.51%
202149.62%16.13%
202042.72%-32.45%
201963.24%-9.73%
201870.06%-5.23%
201773.93%15.77%
201663.86%-15.49%
201575.56%-1.42%
201476.65%-2.87%
201378.91%-5.28%
201283.31%

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.