Elgi Equipments
ELGIEQUIP.NS
$7.53
Share price
0.48%
Change (1 day)
27.13%
Change (1 year)
Operating Margin for Elgi Equipments (ELGIEQUIP.NS)
Operating Margin as of May 2024 (TTM): 17.43%
According to Elgi Equipments 's latest financial reports and stock price the company's current Operating Margin is 17.43%. At the end of 2023 the company had an Operating Margin of 16.78%.
Operating Margin history for Elgi Equipments from 2012 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 16.78% | 60.05% |
| 2022 | 10.49% | 32.08% |
| 2021 | 7.94% | 108.8% |
| 2020 | 3.80% | -50.63% |
| 2019 | 7.70% | -9.56% |
| 2018 | 8.52% | 15.89% |
| 2017 | 7.35% | 20.64% |
| 2016 | 6.09% | 16.7% |
| 2015 | 5.22% | -2.98% |
| 2014 | 5.38% | -34.08% |
| 2013 | 8.16% | -26.83% |
| 2012 | 11.15% | -23.07% |
| 2011 | 14.50% | 4.37% |
| 2010 | 13.89% | 17.02% |
| 2009 | 11.87% | 1.53% |
| 2008 | 11.69% | 40.71% |
| 2007 | 8.31% | 5.68% |
| 2006 | 7.86% |
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.