Sumitomo Chemical India
SUMICHEM.NS
#3531
Rank
C$4.34 B
Marketcap
$8.69
Share price
1.99%
Change (1 day)
36.33%
Change (1 year)

Operating Margin for Sumitomo Chemical India (SUMICHEM.NS)

Operating Margin as of November 2024 (TTM): 21.81%

According to Sumitomo Chemical India's latest financial reports and stock price the company's current Operating Margin is 21.81%. At the end of 2023 the company had an Operating Margin of 18.83%.

Operating Margin history for Sumitomo Chemical India from 2020 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202318.83%-0.69%
202218.96%9.75%
202117.28%55.04%
202011.15%-5.84%
201911.84%1.09%
201811.71%-12.42%
201713.37%-4.56%
201614.01%

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.