Cummins India
CUMMINSIND.NS
$41.00
Share price
3.45%
Change (1 day)
109.50%
Change (1 year)
Operating Margin for Cummins India (CUMMINSIND.NS)
Operating Margin as of May 2024 (TTM): 21.82%
According to Cummins India's latest financial reports and stock price the company's current Operating Margin is 21.82%. At the end of 2023 the company had an Operating Margin of 21.04%.
Operating Margin history for Cummins India from 2012 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 21.04% | 4.52% |
| 2022 | 20.13% | 2.52% |
| 2021 | 19.63% | 41.66% |
| 2020 | 13.86% | -22.34% |
| 2019 | 17.85% | 3.86% |
| 2018 | 17.18% | -0.36% |
| 2017 | 17.24% | -2.7% |
| 2016 | 17.72% | 16.86% |
| 2015 | 15.17% | -27.76% |
| 2014 | 20.99% | -10.07% |
| 2013 | 23.34% | 15.79% |
| 2012 | 20.16% | -1.1% |
| 2011 | 20.38% | -5.39% |
| 2010 | 21.55% | 26.74% |
| 2009 | 17.00% | 2.52% |
| 2008 | 16.58% | 4.08% |
| 2007 | 15.93% | -122.46% |
| 2006 | -70.93% | -738.8% |
| 2005 | 11.10% |
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.