According to Bank of Baroda 's latest financial reports and stock price the company's current Operating Margin is 35.68%. At the end of 2023 the company had an Operating Margin of 33.80%.
Year | Operating Margin | Change |
---|---|---|
2023 | 33.80% | 59.73% |
2022 | 21.16% | 45.6% |
2021 | 14.53% | -586.68% |
2020 | -2.99% | -152.34% |
2019 | 5.71% | -167.56% |
2018 | -8.45% | -161.81% |
2017 | 13.66% | -142.54% |
2016 | -32.12% | -205.14% |
2015 | 30.55% | -8.81% |
2014 | 33.50% | 3.22% |
2013 | 32.46% | -8.45% |
2012 | 35.45% | -0.9% |
2011 | 35.77% | 2.83% |
2010 | 34.79% | 19.48% |
2009 | 29.12% | 16.68% |
2008 | 24.95% | 15.18% |
2007 | 21.66% | 11.09% |
2006 | 19.50% | 15.47% |
2005 | 16.89% |
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.