According to Cholamandalam Investment and Finance's latest financial reports and stock price the company's current Operating Margin is 43.64%. At the end of 2023 the company had an Operating Margin of 50.59%.
Year | Operating Margin | Change |
---|---|---|
2023 | 50.59% | 2.03% |
2022 | 49.58% | 21.56% |
2021 | 40.79% | 6.11% |
2020 | 38.44% | -26.28% |
2019 | 52.14% | 8.87% |
2018 | 47.89% | 22.04% |
2017 | 39.24% | 6.05% |
2016 | 37.00% | 10.11% |
2015 | 33.61% | 0.56% |
2014 | 33.42% | -1.13% |
2013 | 33.80% | 8.1% |
2012 | 31.27% | 87.51% |
2011 | 16.68% | 128.45% |
2010 | 7.30% | -275.14% |
2009 | -4.17% | -150.44% |
2008 | 8.26% | -20.61% |
2007 | 10.41% | -46.65% |
2006 | 19.51% | -7.58% |
2005 | 21.11% |
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.