According to Deepak Nitrite's latest financial reports and stock price the company's current Operating Margin is 17.28%. At the end of 2022 the company had an Operating Margin of 21.68%.
Year | Operating Margin | Change |
---|---|---|
2022 | 21.68% | -15.81% |
2021 | 25.75% | 17.48% |
2020 | 21.92% | 70.83% |
2019 | 12.83% | 35.95% |
2018 | 9.44% | -23.81% |
2017 | 12.39% | 42.85% |
2016 | 8.67% | 16.48% |
2015 | 7.44% | 19.85% |
2014 | 6.21% | 4.9% |
2013 | 5.92% | 9.52% |
2012 | 5.41% | -17.57% |
2011 | 6.56% | -7.98% |
2010 | 7.13% | -31.97% |
2009 | 10.48% | 100.46% |
2008 | 5.23% | -59.46% |
2007 | 12.89% |
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.