According to Mankind Pharma's latest financial reports and stock price the company's current Operating Margin is 24.30%. At the end of 2024 the company had an Operating Margin of 23.22%.
Year | Operating Margin | Change |
---|---|---|
2024 | 23.22% | 21.54% |
2023 | 19.10% | -24.73% |
2022 | 25.38% | -6.78% |
2021 | 27.22% | 11.05% |
2020 | 24.51% |
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.