Carel Industries
CRL.MI
$20.51
Share price
-0.73%
Change (1 day)
-24.65%
Change (1 year)
Categories
Operating Margin for Carel Industries (CRL.MI)
Operating Margin as of May 2024 (TTM): 15.65%
According to Carel Industries's latest financial reports and stock price the company's current Operating Margin is 15.65%. At the end of 2022 the company had an Operating Margin of 15.66%.
Operating Margin history for Carel Industries from 2018 to 2018
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 15.66% | 5.91% |
| 2021 | 14.78% | 7.58% |
| 2020 | 13.74% | -1.86% |
| 2019 | 14.00% | 5.28% |
| 2018 | 13.30% | -19.81% |
| 2017 | 16.59% | 3.19% |
| 2016 | 16.08% | 6.43% |
| 2015 | 15.10% |
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.