Automotive Axles
AUTOAXLES.NS
$22.43
Share price
-0.99%
Change (1 day)
-23.32%
Change (1 year)
Categories
Operating Margin for Automotive Axles (AUTOAXLES.NS)
Operating Margin as of April 2024 (TTM): 9.39%
According to Automotive Axles's latest financial reports and stock price the company's current Operating Margin is 9.39%. At the end of 2022 the company had an Operating Margin of 7.04%.
Operating Margin history for Automotive Axles from 2012 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 7.04% | 88.11% |
| 2021 | 3.74% | -43.66% |
| 2020 | 6.64% | -32.6% |
| 2019 | 9.85% | 13.81% |
| 2018 | 8.66% | 32.83% |
| 2017 | 6.52% | 24.79% |
| 2016 | 5.22% | |
| 2014 | 4.87% | 16.59% |
| 2013 | 4.17% | -48.22% |
| 2012 | 8.06% | -13.13% |
| 2011 | 9.28% | -10.77% |
| 2010 | 10.40% | 52% |
| 2009 | 6.84% | -46.84% |
| 2008 | 12.87% | -12.59% |
| 2007 | 14.73% | -6.23% |
| 2006 | 15.71% |
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.