According to SKF India's latest financial reports and stock price the company's current Operating Margin is 14.86%. At the end of 2023 the company had an Operating Margin of 17.11%.
Year | Operating Margin | Change |
---|---|---|
2023 | 17.11% | 17.63% |
2022 | 14.54% | -2.35% |
2021 | 14.89% | 8.8% |
2020 | 13.69% | -21.1% |
2019 | 17.35% | 4.16% |
2018 | 16.66% | 16.13% |
2017 | 14.34% | |
2015 | 13.15% | 3.39% |
2014 | 12.72% | 14.25% |
2013 | 11.13% | -13.21% |
2012 | 12.82% | -1.11% |
2011 | 12.97% | 0.81% |
2010 | 12.86% | 41.21% |
2009 | 9.11% | -24.07% |
2008 | 12.00% | -23.93% |
2007 | 15.77% | 38.27% |
2006 | 11.41% |
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.