According to Coal India's latest financial reports and stock price the company's current Operating Margin is 29.13%. At the end of 2023 the company had an Operating Margin of 30.31%.
Year | Operating Margin | Change |
---|---|---|
2023 | 30.31% | 26.5% |
2022 | 23.96% | 7.65% |
2021 | 22.26% | -18.67% |
2020 | 27.37% | -7.23% |
2019 | 29.50% | 115.99% |
2018 | 13.66% | -30.8% |
2017 | 19.74% | -29.01% |
2016 | 27.80% | -4.64% |
2015 | 29.15% | -12.53% |
2014 | 33.33% | -9.05% |
2013 | 36.65% | 7.25% |
2012 | 34.17% | 8.68% |
2011 | 31.44% | 4.08% |
2010 | 30.21% | 108.13% |
2009 | 14.51% | -43.61% |
2008 | 25.74% | -6.8% |
2007 | 27.62% | -3.98% |
2006 | 28.76% |
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.