According to Ramkrishna Forgings's latest financial reports and stock price the company's current Operating Margin is 13.44%. At the end of 2023 the company had an Operating Margin of 13.09%.
Year | Operating Margin | Change |
---|---|---|
2023 | 13.09% | 7.25% |
2022 | 12.21% | 351.97% |
2021 | 2.70% | 99.58% |
2020 | 1.35% | -86.99% |
2019 | 10.40% | 6.41% |
2018 | 9.78% | 421.68% |
2017 | 1.87% | -77.24% |
2016 | 8.23% | -21.92% |
2015 | 10.54% | 256.24% |
2014 | 2.96% | -24.92% |
2013 | 3.94% | -44.88% |
2012 | 7.15% | -12.06% |
2011 | 8.13% | 41.74% |
2010 | 5.74% | 78.03% |
2009 | 3.22% | -68.08% |
2008 | 10.09% | -27.56% |
2007 | 13.93% |
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.