Cigniti Technologies
CIGNITITEC.NS
#6162
Rank
$0.43 B
Marketcap
$15.90
Share price
-3.40%
Change (1 day)
50.71%
Change (1 year)

Operating Margin for Cigniti Technologies (CIGNITITEC.NS)

Operating Margin as of May 2024 (TTM): 13.45%

According to Cigniti Technologies 's latest financial reports and stock price the company's current Operating Margin is 13.45%. At the end of 2022 the company had an Operating Margin of 9.79%.

Operating Margin history for Cigniti Technologies from 2013 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20229.79%-37.8%
202115.73%4.85%
202015.01%-12.56%
201917.16%261.2%
20184.75%-107.64%
2017-62.17%-540.06%
201614.13%71.3%
20158.25%-34.95%
201412.68%176.57%
20134.58%-13.29%
20125.29%-25.66%
20117.11%268.01%
20101.93%-18.63%
20092.37%-58.45%
20085.72%-7.55%
20076.18%

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.