According to CIE Automotive India's latest financial reports and stock price the company's current Operating Margin is 13.71%. At the end of 2023 the company had an Operating Margin of 11.59%.
Year | Operating Margin | Change |
---|---|---|
2023 | 11.59% | 6.65% |
2022 | 10.87% | 4.15% |
2021 | 10.44% | 223.3% |
2020 | 3.23% | -59.35% |
2019 | 7.94% | -15.29% |
2018 | 9.37% | 16.99% |
2017 | 8.01% | 62.93% |
2016 | 4.92% | -373.39% |
2015 | -1.80% | -33.45% |
2014 | -2.70% | -47.68% |
2013 | -5.17% | -329.75% |
2012 | 2.25% | 836.99% |
2011 | 0.24% | -101.36% |
2010 | -17.64% | 268.85% |
2009 | -4.78% | -445.6% |
2008 | 1.38% | -129.63% |
2007 | -4.67% | -21.41% |
2006 | -5.94% |
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.