CARE's Ratings
CARERATING.NS
$13.98
Share price
-2.40%
Change (1 day)
78.09%
Change (1 year)
Categories
Operating Margin for CARE's Ratings (CARERATING.NS)
Operating Margin as of May 2024 (TTM): 44.85%
According to CARE's Ratings's latest financial reports and stock price the company's current Operating Margin is 44.85%. At the end of 2022 the company had an Operating Margin of 39.94%.
Operating Margin history for CARE's Ratings from 2018 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 39.94% | -19.51% |
| 2021 | 49.62% | 16.13% |
| 2020 | 42.72% | -32.45% |
| 2019 | 63.24% | -9.73% |
| 2018 | 70.06% | -5.06% |
| 2017 | 73.79% | 15.56% |
| 2016 | 63.86% | -15.49% |
| 2015 | 75.56% | -1.42% |
| 2014 | 76.65% | -2.87% |
| 2013 | 78.91% | -5.28% |
| 2012 | 83.31% |
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.