Finolex Industries
FINPIPE.NS
#4427
Rank
C$2.64 B
Marketcap
$4.27
Share price
1.02%
Change (1 day)
31.02%
Change (1 year)

Operating Margin for Finolex Industries (FINPIPE.NS)

Operating Margin as of November 2024 (TTM): 26.00%

According to Finolex Industries's latest financial reports and stock price the company's current Operating Margin is 26.00%. At the end of 2023 the company had an Operating Margin of 7.31%.

Operating Margin history for Finolex Industries from 2012 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20237.31%-75.64%
202230.00%3.94%
202128.86%104.29%
202014.13%-20.97%
201917.87%6.5%
201816.78%-4.51%
201717.58%25.85%
201613.97%328.1%
20153.26%-66.91%
20149.86%11.21%
20138.87%92.43%
20124.61%-19.56%
20115.73%-50.19%
201011.50%-398.07%
2009-3.86%-154.41%
20087.09%-25.3%
20079.49%7.37%
20068.84%-44.96%
200516.06%

What is a company's Operating Margin?

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.