According to Cholamandalam Investment and Finance's latest financial reports and stock price the company's current Operating Margin is 48.96%. At the end of 2023 the company had an Operating Margin of 48.97%.
Year | Operating Margin | Change |
---|---|---|
2023 | 48.97% | -1.24% |
2022 | 49.58% | 21.56% |
2021 | 40.79% | 6.11% |
2020 | 38.44% | -26.28% |
2019 | 52.14% | 21.21% |
2018 | 43.02% | 9.62% |
2017 | 39.24% | 6.05% |
2016 | 37.00% | 10.13% |
2015 | 33.60% | 0.54% |
2014 | 33.42% | -1.12% |
2013 | 33.80% | 5.56% |
2012 | 32.02% | 218.83% |
2011 | 10.04% | 37.57% |
2010 | 7.30% | -275.14% |
2009 | -4.17% | -150.44% |
2008 | 8.26% | -20.61% |
2007 | 10.41% | -46.62% |
2006 | 19.49% | -7.65% |
2005 | 21.11% |
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.