Coromandel
COROMANDEL.NS
$14.52
Share price
0.90%
Change (1 day)
21.22%
Change (1 year)
Categories
Operating Margin for Coromandel (COROMANDEL.NS)
Operating Margin as of May 2024 (TTM): 17.30%
According to Coromandel's latest financial reports and stock price the company's current Operating Margin is 17.30%. At the end of 2022 the company had an Operating Margin of 16.63%.
Operating Margin history for Coromandel from 2012 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 16.63% | 0.93% |
| 2021 | 16.48% | 17.9% |
| 2020 | 13.98% | 28.96% |
| 2019 | 10.84% | -11.5% |
| 2018 | 12.25% | 29.39% |
| 2017 | 9.46% | 102.58% |
| 2016 | 4.67% | -11.25% |
| 2015 | 5.26% | 1.68% |
| 2014 | 5.18% | -16.58% |
| 2013 | 6.21% | -33.32% |
| 2012 | 9.31% | -27.13% |
| 2011 | 12.77% | -48.98% |
| 2010 | 25.03% | -38.23% |
| 2009 | 40.53% | 163.16% |
| 2008 | 15.40% | 46.81% |
| 2007 | 10.49% | 10.45% |
| 2006 | 9.50% | 8.59% |
| 2005 | 8.75% |
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.