According to Britannia Industries 's latest financial reports and stock price the company's current Operating Margin is 20.68%. At the end of 2023 the company had an Operating Margin of 18.97%.
Year | Operating Margin | Change |
---|---|---|
2023 | 18.97% | 27.3% |
2022 | 14.90% | -23.61% |
2021 | 19.51% | 21.07% |
2020 | 16.12% | 0.03% |
2019 | 16.11% | 4.31% |
2018 | 15.45% | 6.15% |
2017 | 14.55% | 4.54% |
2016 | 13.92% | 13.96% |
2015 | 12.21% | 46.5% |
2014 | 8.34% | 42.71% |
2013 | 5.84% | |
2011 | 4.06% | 40.95% |
2010 | 2.88% | -49.76% |
2009 | 5.74% | -26.98% |
2008 | 7.86% | 52.87% |
2007 | 5.14% | -56.13% |
2006 | 11.71% | -19.71% |
2005 | 14.59% |
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.