According to Cantabil Retail India 's latest financial reports and stock price the company's current Operating Margin is 17.02%. At the end of 2022 the company had an Operating Margin of 21.41%.
Year | Operating Margin | Change |
---|---|---|
2022 | 21.41% | 53.42% |
2021 | 13.95% | 10.97% |
2020 | 12.58% | 61.35% |
2019 | 7.79% | 20.26% |
2018 | 6.48% | 3.95% |
2017 | 6.23% | 4.87% |
2016 | 5.95% | 26.92% |
2015 | 4.68% | -217.43% |
2014 | -3.99% | -83.09% |
2013 | -23.59% | 99.88% |
2012 | -11.80% | -186.92% |
2011 | 13.58% | -4.65% |
2010 | 14.24% |
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.