CEAT
CEATLTD.NS
Operating Margin for CEAT (CEATLTD.NS)
Operating Margin as of May 2024 (TTM): 2.30%
According to CEAT's latest financial reports and stock price the company's current Operating Margin is 2.30%. At the end of 2022 the company had an Operating Margin of 3.22%.
Operating Margin history for CEAT from 2012 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 3.22% | -62.78% |
| 2021 | 8.64% | 28.12% |
| 2020 | 6.74% | 0.51% |
| 2019 | 6.71% | -10.56% |
| 2018 | 7.50% | -16.97% |
| 2017 | 9.03% | -29.22% |
| 2016 | 12.77% | 26.79% |
| 2015 | 10.07% | 1.92% |
| 2014 | 9.88% | 56.42% |
| 2013 | 6.32% | 33.41% |
| 2012 | 4.73% | 39.98% |
| 2011 | 3.38% | -60.28% |
| 2010 | 8.51% | -675.66% |
| 2009 | -1.48% | -129.36% |
| 2008 | 5.04% | 76.52% |
| 2007 | 2.85% | 855.75% |
| 2006 | 0.30% | -159.05% |
| 2005 | -0.51% |
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.