Axis Bank
AXISBANK.BO
$12.77
Share price
0.69%
Change (1 day)
18.79%
Change (1 year)
Categories
Axis Bank is a private sector Indian bank offering retail banking, corporate banking and international banking services.
Operating Margin for Axis Bank (AXISBANK.BO)
Operating Margin as of April 2024 (TTM): 30.97%
According to Axis Bank 's latest financial reports and stock price the company's current Operating Margin is 30.97%. At the end of 2023 the company had an Operating Margin of 29.67%.
Operating Margin history for Axis Bank from 2011 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 29.67% | -19.76% |
| 2022 | 36.97% | 64.41% |
| 2021 | 22.49% | 71.98% |
| 2020 | 13.08% | -41.17% |
| 2019 | 22.23% | 1114.28% |
| 2018 | 1.83% | -90.66% |
| 2017 | 19.59% | -58.67% |
| 2016 | 47.40% | -2.91% |
| 2015 | 48.83% | 1.63% |
| 2014 | 48.04% | -22.94% |
| 2013 | 62.34% | 11.01% |
| 2012 | 56.16% | 88.96% |
| 2011 | 29.72% | 7.59% |
| 2010 | 27.63% | |
| 2008 | 24.17% |
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.