Devyani International
DEVYANI.NS
$1.98
Share price
-0.72%
Change (1 day)
0.51%
Change (1 year)
Categories
Operating Margin for Devyani International (DEVYANI.NS)
Operating Margin as of May 2024 (TTM): 10.59%
According to Devyani International's latest financial reports and stock price the company's current Operating Margin is 10.59%. At the end of 2023 the company had an Operating Margin of 8.07%.
Operating Margin history for Devyani International from 2021 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 8.07% | 35.28% |
| 2022 | 5.97% | -168.95% |
| 2021 | -8.65% | 154.07% |
| 2020 | -3.41% | -18.1% |
| 2019 | -4.16% |
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.