According to Eicher Motors's latest financial reports and stock price the company's current Operating Margin is 28.80%. At the end of 2023 the company had an Operating Margin of 26.80%.
Year | Operating Margin | Change |
---|---|---|
2023 | 26.80% | 23.24% |
2022 | 21.75% | 4.75% |
2021 | 20.76% | -19.78% |
2020 | 25.88% | -23.46% |
2019 | 33.81% | -3.13% |
2018 | 34.91% | 2.47% |
2017 | 34.07% | 54.68% |
2016 | 22.02% | |
2014 | 11.42% | 14.61% |
2013 | 9.96% | 5.7% |
2012 | 9.43% | -12.56% |
2011 | 10.78% | 13.5% |
2010 | 9.50% | 49.02% |
2009 | 6.37% | 86.36% |
2008 | 3.42% | -11.82% |
2007 | 3.88% | -66.6% |
2006 | 11.61% | 213.23% |
2005 | 3.71% | -12.1% |
2004 | 4.22% |
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.