Power Mech Projects
POWERMECH.NS
#5120
Rank
C$1.67 B
Marketcap
$105.76
Share price
1.82%
Change (1 day)
53.56%
Change (1 year)

Operating Margin for Power Mech Projects (POWERMECH.NS)

Operating Margin as of September 2024 (TTM): 11.29%

According to Power Mech Projects's latest financial reports and stock price the company's current Operating Margin is 11.29%. At the end of 2023 the company had an Operating Margin of 7.86%.

Operating Margin history for Power Mech Projects from 2015 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20237.86%13.54%
20226.93%-312.4%
2021-3.26%-140.94%
20207.97%-14.3%
20199.30%7.84%
20188.62%12.63%
20177.65%-8.93%
20168.40%7.75%
20157.80%

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.