According to Electrosteel Castings 's latest financial reports and stock price the company's current Operating Margin is 16.79%. At the end of 2023 the company had an Operating Margin of 5.73%.
Year | Operating Margin | Change |
---|---|---|
2023 | 5.73% | -32.07% |
2022 | 8.44% | -619.84% |
2021 | -1.62% | -137.8% |
2020 | 4.30% | -546.11% |
2019 | -0.96% | -133.29% |
2018 | 2.89% | -47.05% |
2017 | 5.46% | 125.41% |
2016 | 2.42% | -59.45% |
2015 | 5.98% | 18.26% |
2014 | 5.05% | -2.89% |
2013 | 5.20% | 816.58% |
2012 | 0.57% | -95.24% |
2011 | 11.94% | -39.51% |
2010 | 19.74% | 99.49% |
2009 | 9.89% | 149.22% |
2008 | 3.97% | -69.16% |
2007 | 12.87% | 18.55% |
2006 | 10.86% | -21.03% |
2005 | 13.75% |
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.