Tejas Networks
TEJASNET.NS
#3797
Rank
C$3.71 B
Marketcap
$21.19
Share price
0.89%
Change (1 day)
58.41%
Change (1 year)

Operating Margin for Tejas Networks (TEJASNET.NS)

Operating Margin as of November 2024 (TTM): 12.17%

According to Tejas Networks 's latest financial reports and stock price the company's current Operating Margin is 12.17%. At the end of 2023 the company had an Operating Margin of -4.64%.

Operating Margin history for Tejas Networks from 2017 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-4.64%-78.2%
2022-21.27%-597.45%
20214.28%-112.05%
2020-35.48%-312.37%
201916.71%18.09%
201814.15%129.41%
20176.17%35.63%
20164.55%-198.45%
2015-4.62%-803.61%
20140.66%-103.08%
2013-21.34%

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.