According to Crompton Greaves Consumer Electricals's latest financial reports and stock price the company's current Operating Margin is 8.98%. At the end of 2024 the company had an Operating Margin of 7.88%.
Year | Operating Margin | Change |
---|---|---|
2024 | 7.88% | -12.06% |
2023 | 8.96% | -35.93% |
2022 | 13.98% | -7.39% |
2021 | 15.10% | 15.35% |
2020 | 13.09% | 4.54% |
2019 | 12.52% | 4.89% |
2018 | 11.94% | 9.4% |
2017 | 10.91% | 25.38% |
2016 | 8.70% |
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.