According to Bank of Maharashtra 's latest financial reports and stock price the company's current Operating Margin is 35.30%. At the end of 2023 the company had an Operating Margin of 34.38%.
Year | Operating Margin | Change |
---|---|---|
2023 | 34.38% | 163.28% |
2022 | 13.06% | 75.22% |
2021 | 7.45% | 12.94% |
2020 | 6.60% | -106.85% |
2019 | -96.29% | 47.45% |
2018 | -65.30% | 45.79% |
2017 | -44.79% | -606.77% |
2016 | 8.84% | -47.24% |
2015 | 16.75% | -3.97% |
2014 | 17.45% | -48.69% |
2013 | 34.00% | 145.88% |
2012 | 13.83% | 0.69% |
2011 | 13.73% | -72.54% |
2010 | 50.01% | -5.91% |
2009 | 53.15% | 0.66% |
2008 | 52.80% | 6.58% |
2007 | 49.54% | 16.29% |
2006 | 42.60% | -12.06% |
2005 | 48.45% |
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.