Delhivery
DELHIVERY.NS
$5.49
Share price
-0.35%
Change (1 day)
21.46%
Change (1 year)
Categories
Operating Margin for Delhivery (DELHIVERY.NS)
Operating Margin as of April 2024 (TTM): -9.98%
According to Delhivery's latest financial reports and stock price the company's current Operating Margin is -9.98%. At the end of 2023 the company had an Operating Margin of -14.57%.
Operating Margin history for Delhivery from 2021 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | -14.57% | -2.55% |
| 2022 | -14.96% | 10.96% |
| 2021 | -13.48% | 39.43% |
| 2020 | -9.67% | -91.03% |
| 2019 | -107.82% |
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.