Container Corporation of India
CONCOR.NS
$11.64
Share price
-0.32%
Change (1 day)
58.37%
Change (1 year)
Categories
Operating Margin for Container Corporation of India (CONCOR.NS)
Operating Margin as of April 2024 (TTM): 18.90%
According to Container Corporation of India's latest financial reports and stock price the company's current Operating Margin is 18.90%. At the end of 2023 the company had an Operating Margin of 18.88%.
Operating Margin history for Container Corporation of India from 2019 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 18.88% | 3.36% |
| 2022 | 18.26% | 73.44% |
| 2021 | 10.53% | 16.84% |
| 2020 | 9.01% | -66.94% |
| 2019 | 27.26% | 15.3% |
| 2018 | 23.64% | 9.02% |
| 2017 | 21.68% | 24.95% |
| 2016 | 17.35% | -21.3% |
| 2015 | 22.05% | -11.48% |
| 2014 | 24.91% | -9.57% |
| 2013 | 27.55% | -3.39% |
| 2012 | 28.52% | 4.82% |
| 2011 | 27.20% | 1.74% |
| 2010 | 26.74% | -8.98% |
| 2009 | 29.38% | 6.21% |
| 2008 | 27.66% | -4.6% |
| 2007 | 29.00% | 5.28% |
| 2006 | 27.54% | -9.48% |
| 2005 | 30.43% | 7.65% |
| 2004 | 28.27% |
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.