According to Omaxe 's latest financial reports and stock price the company's current Operating Margin is -37.86%. At the end of 2023 the company had an Operating Margin of -44.48%.
Year | Operating Margin | Change |
---|---|---|
2023 | -44.48% | 275.14% |
2022 | -11.86% | -65.17% |
2021 | -34.04% | -347.24% |
2020 | 13.77% | 50.23% |
2019 | 9.16% | -45.63% |
2018 | 16.86% | -12.15% |
2017 | 19.19% | -0.06% |
2016 | 19.20% | 14.07% |
2015 | 16.83% | 16.7% |
2014 | 14.42% | 27.29% |
2013 | 11.33% | -10.81% |
2012 | 12.71% | -16.76% |
2011 | 15.26% | -25.65% |
2010 | 20.53% | 3.07% |
2009 | 19.92% | -32.67% |
2008 | 29.58% |
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.